According to ChainCatcher, according to the monitoring of on-chain analyst Yu Jin, the recent BTC transfer data of the three major selling pressure mountains (German government, US government, and Mentougou) are as follows:

  1. The German government address has transferred a total of 9,332.3 BTC (about 572.13 million US dollars) since June 19, with an average transfer price of 61,306 US dollars;

  2. The U.S. government address transferred 3,940.2 BTC (about $241.22 million) on June 26, with an average transfer price of $61,219.

  3. On July 5, the Mentougou address transferred out 1,544.6 BTC (about 84.87 million US dollars), with an average transfer price of 54,944 US dollars.

Summary: From June 19th to now, the three companies have transferred a total of 14,817.1 BTC (about 898.22 million US dollars) in 16 days. The price of BTC has also fallen by 14.3% in these 16 days (65,590 US dollars → 56,225 US dollars).