Source: Coindesk.com
Germany still holds 23,800 BTC worth $1.3 billion, according to Arkham Intelligence. The potential selling pressure equates to 5% of bitcoin's 24-hour trading volume. Germany has been running down its coin stash since mid-June.
Germany's bitcoin (BTC) sales and Mt. Gox's reimbursements have recently shaken up the crypto market,
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Source: Coindesk.com