German government: More than 90% of Bitcoin is traded over the counter in a market-friendly manner, with no direct impact on Bitcoin prices
The German government announced an emergency sale of Bitcoin, stating that it would be sold in a market-friendly and fair manner. The emergency sale resulted in Bitcoin being sold in small batches over a period of approximately three and a half weeks. From the beginning, less than 1% of Bitcoin market trading volume was conducted through regular trading, with over 90% of Bitcoin being traded off-exchange in a market-friendly manner (OTC). This scale did not have a direct impact on Bitcoin prices.
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