Everyone is panicking over Germany's government selling their bitcoin holding. lets take a step back and do some math and see the actual impact.
The German government still holds around 46,359 BTC, valued at approximately $2.7 B.
To calculate the impact of $2.8 billion on $BTC current Market Cap @ 1.13 Trillion, we can use the following formula:
Impact Percentage = ($2.7B/ $1,13T) Ă 100 â 0.25%
The total impact is less than 1% !
CALMA CALMA
