The “German government” sold another $52 million in Bitcoin, raising suspicions that it was selling its huge BTC reserves. A wallet associated with the German government transferred 832.7 BTC on July 2. The majority, or 550 BTC, worth more than $32 million, was sent to an unknown wallet “139Po”. Selling large volumes of BTC can put pressure on the price. 📉 The BKA-tagged wallet could pose a threat to the Bitcoin price due to potential selling pressure as it contains over 43,850 BTC worth over $2.75 billion.