The German government has fully liquidated the cryptocurrency assets held in the Federal Criminal Police Office’s wallet, which contained 49,859 BTC, valued at approximately $2.9 billion, according to Arkham Intelligence.
The process of withdrawing a substantial amount of the leading cryptocurrency — over 40,000 BTC worth $2.2 billion — began about two weeks ago. This massive sale caused a stir and market frenzy, significantly impacting the Bitcoin price and sparking active discussions among traders and analysts.