#btc #Germangovernment
The German government sold $315 million in #bitcoin since mid-June, totaling $390 million in less than a month.
The government sold $75 million to exchanges like #Coinbase kraken and bitsmap.
The German Federal Criminal Police Office signaled a potential plan to liquidate portions of its bitcoin reserves.
The government moved back 1,915 bitcoin worth $111.5 million after weeks of large-scale bitcoin sales.
The German government's actions have sparked concerns about the potential effects on the market.