The German government sells off Bitcoin, the main reason for the decline of Bitcoin
Since June 19, the German government has transferred nearly 8,000 BTC, worth about $500 million. It should be noted that this part of BTC comes from the government's investigation of the movie sharing website Movie2k.to, which seized nearly 50,000 BTC, which means that it still holds 42,000 BTC.
Yesterday, Sun Ge wanted to buy the existing Bitcoin in Germany off-site, but the German government has not accepted it yet!
Similarly, German lawmakers also called on the government not to sell Bitcoin excessively, but the situation was fruitless, which also made more people join the Bitcoin selling team.