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German Government Sells Bitcoin, Misses Billions in Gains

German Government Sells Bitcoin, Misses Billions in Gains

TheccpressTheccpress2025/07/12 04:40
By:in Bitcoin News
Key Takeaways:
  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • German government sold 50,000 Bitcoin.
  • Potential $3.1 billion in missed profit.
German Government Sells Bitcoin, Misses Billions in Gains

The German government has sold 50,000 Bitcoin at approximately $54,000, losing up to $3.1 billion in potential profits post-sale, as prices rebounded.

The event highlights the potential financial consequences of government-managed crypto assets, with the market quickly recovering from the sell-off.

Analysis of the Sale and Market Dynamics

The German government’s decision to sell 50,000 Bitcoin at a price of $54,000 resulted in missing profits between $2.8-$3.1 billion as Bitcoin prices rebounded post-sale. The German government, specifically financial authorities, managed seized Bitcoin assets by selling them at $54,000 per Bitcoin, resulting in significant discussion within the crypto community.

The sale led to an initial dip to $54k as market participants front-ran the event. The market later rebounded, absorbing the $3 billion sale volume. Price volatility was seen, with total crypto liquidations exceeding $665 million. The futures-to-spot trading volume shift reflected market absorption away from leveraged futures bets.

Twitter Source

Historically, similar government sales, like the US’s Silk Road BTC liquidation , have shown temporary pressure with market recovery. Community sentiment remains steady on crypto platforms post-dump as the protocol is economically unchanged.

Insights from CryptoQuant CEO Ki Young Ju suggest a shift toward spot trading, which “may stabilize price falls compared to previous crypto events.”

Markus Thielen from 10x Research anticipates potential BTC declines to $50,000 due to ongoing sell pressure. “BTC could drop as low as $50,000 due to ongoing sell pressure,” he stated, reflecting the uneasy market environment post-sale.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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