Since the German government started selling BTC on June 19, it has transferred about 1K~2K BTC to CEX and asset management institutions every few days.

It's really like cutting meat with a blunt knife😭

◎Since June 19, the German government has transferred (sold) 7,828 BTC ($496.33M), with an average transfer price of about $63,404.

◎The German government still holds 43,800 BTC ($2.75B). Based on the recent transfer frequency, it may take another 2~3 months to transfer all of them.