Germany's government has resumed selling its Bitcoin (BTC) holdings, with 3,200 BTC transferred across various platforms on July 12. The distribution included Bitstamp, Kraken, and Coinbase receiving 400 BTC each, 1,000 BTC sent to an address believed to belong to B2C2 Group, and 500 BTC transferred to an unmarked address. Crypto analyst Michaël van de Poppe speculates that the remaining BTC, worth approximately $300 million, is likely to be sold on July 12. The German government's wallet, holding BTC seized from a film pirating website crackdown, has transferred billions in Bitcoin since June 19.