According to ChainCatcher, Spot On Chain monitoring shows that in the past 16 hours, the German government address has sold another $376 million worth of Bitcoin, including:

10,627 Bitcoins sold at an average price of $57,976 ($616 million);

4,169 Bitcoins recovered at an average price of $57,469 ($240 million).

Currently, the German government address only has 9,094 BTC ($520 million), about 18% of the initial amount. At this rate, it may sell all Bitcoin in the next 1-2 days.