Germany Nears Completion of Bitcoin Liquidation

Government transfers billions in seized assets to exchanges, sparking market resilience

Germany has moved billions of dollars in Bitcoin to exchanges, clearing out its wallets.
Despite fears, Bitcoin prices have risen 3% this week, showing market resilience.
Analysts suggest the Bitcoin market can absorb significant sell pressure from Germany and Mt. Gox.
Germany's Bitcoin holdings have dropped from 50,000 BTC to less than 5,000 BTC in recent weeks.
Market experts believe the worst of the selling pressure is over, with ETFs buying the dip.