According to ChainCatcher news, statistics from OKG Research of OKChain show that from July 11 to 12, on-chain assets totaling approximately $568 million flowed out from two on-chain addresses marked as the German government and the U.S. government.Since July 1, on-chain assets totaling $742 million have flowed out from addresses marked as U.S. addresses, mainly consisting of BTC and ETH. On-chain assets totaling $1.92 billion have flowed out from addresses marked as German addresses. The two popular addresses have a total outflow of $2.662 billion. During the same period, on-chain assets flowing into the market from the U.S. BTC spot ETF channel increased supply by $976 million.