Data: The German government has sold $496 million in BTC in the past 16 hours

ChainCatcher news, according to Spot On Chain monitoring, in the past 16 hours, the German government address may have sold BTC worth up to $496 million, including:

• Transferred out 10,853 BTC (approximately $637 million), with an average price of about $58,659;
• Received 2,442 BTC (approximately $141 million), with an average price of about $57,560.

Currently, its address only has 15,552 BTC (approximately $894 million) left, which is about 31% of the original amount seized from the pirated movie site Movie2k in January.