On-chain data analyst Ember monitored that today the German government transferred a total of 10,853.5 BTC ($637 million) to exchanges and market-making institutions (according to the previous on-chain data, there may be some unsold BTC returned from exchanges to addresses in the future, that is to say, the actual number of sales should be less than the current number of transfers). They have transferred a total of 36,748.4 BTC ($2.156 billion) since they started selling coins on June 19, while holding only 13,110 BTC ($757 million).