According to TechFlow, Spot On Chain monitoring shows that in the past 16 hours, the German government address may have sold up to $496 million worth of BTC, including:

- 10,853 BTC (about $637 million) were transferred out, with an average price of about $58,659;

-Received 2,442 BTC (about $141 million) at an average price of about $57,560.

Currently, there are only 15,552 BTC (about $894 million) left in its address, which is about 31% of the original amount it seized from the pirated movie website Movie2k in January.