According to TechFlow, Spot On Chain monitoring shows that in the past 16 hours, the German government address has sold another $376 million worth of Bitcoin, including:

- 10,627 Bitcoins sold at an average price of $57,976 ($616 million);

- Recovered 4,169 Bitcoins ($240 million) at an average price of $57,469.

Currently, the German government has only 9,094 BTC ($520 million) left, about 18% of the initial amount. At this rate, it may sell all of its Bitcoin in the next 1-2 days.