💥325 MILLION$$ BITCOIN WAS SOLD BY THE GERMAN GOVERNMENT💥

Bitcoin recently experienced a 3.5% drop as the German government transferred $325 million worth of BTC in two days. This sale is part of a larger plan to liquidate 50,000 BTC seized from the pirate site Movie2k.to in 2020. The German government's strategic selling approach has played a key role in recent market volatility and contributed to Bitcoin's past decline of around 9%. two weeks.

Despite efforts to push Bitcoin's price above $66,000, the market has seen significant liquidations of long positions; Approximately $150 million was liquidated in the last 24 hours alone. However, the German government's decision to sell its Bitcoins in a DCA (dollar cost averaging) fashion rather than a one-time massive market sale appears to be a smart move that prevents even more serious market disruptions.

Thank God my German government isn't doing a massive one-off market sale; they look smarter and sell in DCA style.

I wish they had more bullishness and kept it up until they reached at least $150k. I think if they did that they would advertise Bitcoin a lot. Haha!

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