According to ChainCatcher, OKG Research Institute has reported that from July 11 to 12, the on-chain assets flowing out of the two on-chain addresses marked as the German government and the US government totaled approximately $568 million.

Since July 1, the on-chain assets flowing out of the US addresses totaled $742 million, with the main decreases being BTC and ETH. The on-chain assets flowing out of the German addresses totaled $1.92 billion. The two popular addresses had a total outflow of $2.662 billion. During the same period, the on-chain assets flowing into the market from the US BTC spot ETF channel increased by $976 million.