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The German government transferred a total of 5,627 BTC on July 11, leaving 9,925

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Blockchain analyst Yu Jin has monitored an address labeled as the German government that has transferred a total of 5,627 BTC (worth $328 million) to trading platforms and market-making institutions today. Since June 19th, the address has sold a total of 39,933.4 BTC (worth $2.342 billion), leaving only 9,925 BTC (worth $570 million) remaining.

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