🚨💡 Surprising Insights on German Government's BTC Sales! 💡🚨
The German Government recently sold 21,000 BTC.
After analyzing all their transactions, the findings were astonishing. One could have made $100,000 every time they acted. Here's the breakdown: 🧵👇
### How did the German Government acquire $BTC?
They didn't purchase it. Due to court decisions, these BTC were confiscated from individuals involved in criminal activities. Germany ended up with about 50,000 BTC in total. Unlike regular traders, the government needs to convert confiscated assets into national currency, EUR.
### The Full Story:
- **🏦 Confiscation:** The BTC was seized through legal means.
- **💰 Amount:** Approximately 50,000 BTC were confiscated.
- **💱 Conversion:** BTC is converted to EUR via Kraken, Coinbase, and Bitstamp exchanges.
### Government's Selling Strategy:
- **📅 Planned Sales:** Sales are pre-arranged and infrequently adjusted.
- **🔍 Traceable Transactions:** BTC transactions can be tracked via known wallets.
- **📉 Market Impact:** Daily sales tend to depress BTC prices, triggering more sales from other holders.
- **🥶 Cold Wallet Returns:** Unsold BTC is returned to cold storage wallets each day.
### Key Insights:
- **🛑 Controlled Selling:** The government avoids flooding the market; they have a structured selling approach.
- **📊 Price Threshold:** There is likely a predetermined price limit that halts sales if BTC drops too much.
### Strategic Moves:
- **📉 Short BTC:** Initiate a short position when BTC is moved from government wallets to exchanges.
- **📈 Close Shorts:** Exit short positions at significant price points where the government stops selling.
- **🚀 Open Longs:** Take long positions when the market stabilizes.
- **🎉 Reap Rewards:** Secure profits and achieve your financial goals!
Stay ahead by understanding these strategies! 🚀💸
