The German government once again made a big move to dump the market in a big market crash! ! !

The German government recently transferred 1,300 BTC worth about $75.53 million to Bitstamp and other mainstream cryptocurrency exchanges in batches, becoming the largest single Bitcoin transfer received by centralized exchanges (CEX) in recent times. This move marks a major adjustment in the German government's Bitcoin reserve management strategy.

So what are the reasons behind the German sell-off and the global trend?

Although the specific motive is unclear, the transfer may indicate the German government's strategic re-positioning of its digital asset portfolio, including liquidation, redistribution or broader financial planning. Against the backdrop of surging interest in the global cryptocurrency market and increasingly stringent regulation,

the market has responded enthusiastically to the transfer, and analysts and investors have speculated on its impact on Bitcoin prices and the market.

The chain reaction caused by this move has caused more whales to sell!

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