According to Spot On Chain, in the past 16 hours, the German government address sold another $376 million worth of bitcoins, selling 10,627 bitcoins ($616 million) at an average price of $57,976, and recovering 4,169 bitcoins ($240 million) at an average price of $57,469. Currently, the German government address only has 9,094 BTC ($520 million) left, which is about 18% of the original amount. At this rate, it may sell all bitcoins in the next 1-2 days.