✔️ The German government owns about $2 billion of #bitcoin and this is panicking cryptocurrency investors.
✔️For weeks, the German government has been selling the equivalent of hundreds of millions of dollars in Bitcoin, putting selling pressure on the world's largest cryptocurrency.
✔️ Simultaneously with these sales, the price of Bitcoin experienced a significant decline
✔️ Police in the eastern German state of Saxony confiscated nearly 50,000 bitcoins in mid-January, worth an estimated $2.2 billion at the time of seizure.
✔️ Even after a series of sales in recent weeks, Germany's Federal Criminal Police Office still holds about 32,488 Bitcoins - worth about $1.9 billion at today's prices
