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

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.