🚨💡 Shocking Insights on German Government's BTC Sales! 💡🚨
The German Government sold 21,000 BTC.
I analyzed all their transactions, and the findings shocked me. I could have made $100,000 every time they... 🧵👇
How did the German Government get $BTC ?
They didn't buy it. According to court decisions, this BTC was confiscated from people engaged in criminal activity. Germany got about 50,000 BTC worth. But the government isn't a typical degen; they need to transform the confiscated assets into national currency, EUR.
Here's the lowdown:
- 🏦 Confiscation: The German government acquired BTC through legal seizures.
- 💰 Amount: Around 50,000 BTC confiscated.
- 💱 Transformation: They convert BTC to EUR through Kraken, Coinbase, and Bitstamp exchanges.
Government Selling Mechanism:
- 📅 Planned Sales: Government plans are agreed upon in advance and rarely change.
- 🔍 Traceable Transactions: Known BTC wallets allow tracing of transactions.
- 📉 Market Impact: Daily sales cause BTC price dips, prompting holders to sell.
- 🥶 Cold Wallet Returns: Unsold BTC is returned to cold wallets daily.
Key Observations:
- 🛑 Controlled Selling: The government doesn't dump all BTC at once; there's a selling mechanism in place.
- 📊 Price Threshold: They likely have a formula to stop selling if BTC price drops below a certain percentage.
Strategic Opportunities:
- 📉 Short BTC: Open a short position when BTC moves from their wallet to the exchange.
- 📈 Close Shorts: Close shorts at critical values where they stop selling.
- 🚀 Open Longs: Open long positions for market stabilization reactions.
- 🎉 Profit Big: Buy your dream lambo!
Stay ahead of the curve by understanding these mechanisms! 🚀💸
