Germany sold off its BTC
The German government was the owner of a huge treasure of 50179 Bitcoins, but by July 13, it did not have a single Bitcoin left. In 24 days, Saxony sold Bitcoins to overseas exchanges like Binance, Coinbase, Kraken, etc.
Thoughts
The German government was so determined to get rid of the Bitcoin treasury that it sold Bitcoins like a losing trader, which is called dumping in the market, this also had a negative impact on the market. Now that effect is over.
Bitcoinists mocks government of Germany
Bitcoinists have started mocking the German government. A bitcoinist sent a small amount of Satoshi to the German government with the message "HFSP" (Have Fun Staying Poor). After this, some other bitcoinists repeated the same process.
Thoughts
The Bitcoinists are again sending Bitcoins to Germany as alms being given to Germany in the form of mockery. In my opinion, Bitcoinists should not do this, they should use BTC for some better purpose, donating to needy is better.
