According to on-chain analyst Ember, addresses marked as the German government transferred a total of 5,627 BTC ($328 million) to trading platforms and market makers today. Since the sell-off began on June 19, it has transferred a total of 39,933.4 BTC ($2.342 billion), leaving only 9,925 BTC ($570 million) remaining.
Chain analyst Ember monitoring, marking the German government address 8 hours ago to 139... bVu address to transfer 700 BTC, about $40.47 million, the address should be an asset management institution, after receiving the coins will be dispersed into Coinbase, Kraken, Bitstamp and other CEX.
According to on-chain analyst Ember monitoring, the address marked as the German government has transferred 7,828 bitcoins since June 19, worth about $496.33 million, with an average price of $63,404.