Germany’s $1.7B Bitcoin loss: Selling BTC at $54K was a huge mistake

In July, Germany sold nearly 50,000 bitcoins at around $53,000 per coin from seized assets to generate $2.8 billion. Fast forward to today, those holdings are now worth around $4.5 billion. That’s an estimated $1.7 billion in missed profits. Bitcoin’s 53% surge in the last 60 days has made all the difference. A rally sparked […] source: https://www.cryptopolitan.com/germany-selling-btc-at-54k-huge-mistake/