Odaily Planet Daily News Blockchain intelligence platform Arkham data shows that the German government sold 49,858 bitcoins in batches between June and July 2024 through a wallet address marked as "German Government (BKA)", with an average selling price of approximately US$57,900, and a total cash out of approximately US$2.89 billion. These bitcoins were originally seized by the German Federal Criminal Police (BKA) from the operator of the pirated movie website Movie2k. As of May 2025, the price of Bitcoin has risen to more than US$104,700. If the German government holds the currency to this day, its market value will reach approximately US$5.24 billion, which means missing out on potential gains of approximately US$2.35 billion. Arkham founder Miguel Morel said that the German government's sales method showed an intention to rush to obtain liquidity and may have failed to achieve optimal market execution. (Cointelegraph)