On June 25, German authorities withdrew 400 BTC from a controlled account to crypto exchanges.

Before that, they sold bitcoins worth about $200 million.

The sale coincided with a drop in the price of the first cryptocurrency.

However, despite the fall in the rate, the portfolio is still in the zone of unrealized profit.

The German authorities continue to sell bitcoins from their portfolio, according to data from the Arkham Intelligence platform. On June 25, 2024, they withdrew another 400 BTC.