Analysis: Recently, it is not Germany that is selling Bitcoin, but one of its states

ChainCatcher news, according to CoinDesk, the sale of millions of dollars worth of Bitcoin is not by the country of Germany, but by a small state in Germany called Saxony. In January of this year, Saxony, Germany, seized nearly 50,000 Bitcoins, worth about $3 billion, and sold them as per usual practice. The state's criminal police department is responsible for the disposal of these assets, and half of them have already been sold, leading to market fluctuations and price declines. Despite facing criticism, experts say this move is part of the legally mandated asset disposal process.