According to the monitoring of on-chain analyst Yu Jin, the recent BTC transfer data of the three major selling pressure mountains (German government, US government, Mentougou) are as follows:
1. The German government address has transferred a total of 9,332.3 BTC ($572.13M) since 6/19, with an average transfer price of $61,306;
2. The US government address transferred 3,940.2 BTC $241.22M) on 6/26, with an average transfer price of $61,219;
3. The Mentougou address transferred 1,544.6 BTC ($84.87M) on 7/5, with an average transfer price of $54,944.
Summary: From June 19th to now, the three companies have transferred a total of 14,817.1 BTC ($898.22M) in 16 days. The BTC price has also fallen by 14.3% ($65,590→56,225) in these 16 days.