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From 50,000 to 4,925 BTC: Germany's Bitcoin Sell-off Continues
Germany now holds fewer than 5,000 bitcoin following its recent divestment on Thursday. Since 9 a.m. EDT that day, wallets operated by the German government transferred 5,000 BTC, reducing its holdings to 4,925 BTC. As of 1 p.m. EDT on Thursday, July 11, 2024, the German government holds 4,925 BTC, valued at approximately $283 million. The wallets have divested about 5,000 BTC since 9 a.m., including 3,185 BTC moved during overnight sessions.
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