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

According to Spot On Chain, the German government may have sold up to $496 million worth of BTC in the past 16 hours, including: • Transfer 10,853 BTC ($637 million) at approximately $58,659; Recover 2,442 BTC ($141 million) at around $57,560. Currently, they only have 15,552 BTC ($894 million) left, which is about 31% of the original amount seized from pirated movie site Movie2k in January.