According to TechFlow, according to Ember data, the three major selling pressures (German government, US government, Mentougou) have transferred a total of 14,817.1 BTC ($898.22M) from June 19 to now, and the BTC price has also fallen by 14.3% ($65,590→56,225) in these 16 days. Among them:

  • The German government address has transferred out a total of 9,332.3 BTC ($572.13M) since 6/19, with an average transfer price of $61,306;

  • The US government address transferred out 3,940.2 BTC ($241.22M) on 6/26, with an average transfer price of $61,219;

  • The Mentougou address transferred out 1,544.6 BTC ($84.87M) on July 5, with an average transfer price of $54,944.