The German government may have sold up to $496 million worth of BTC in the past 16 hours.

Golden Finance reported that, according to Spot On Chain monitoring, the German government may have sold up to $496 million worth of BTC in the past 16 hours, including: • Transfer 10,853 BTC (6.37 billion US dollars) at a price of approximately $58,659; • Repurchased 2,442 BTC at a price of about $57,560 (1.41 billion dollars). Currently, they only have 15,552 BTC (US$894 million), which is approximately 31% of the original amount seized from the pirated movie website Movie2k in January.