Germany has concluded its sales, with the Federal Criminal Police Office (BKA) successfully selling 50,000 BTC within a short span of a few weeks. The process of returning funds to the victims of the infamous MTGOX exchange is still ongoing, albeit with an uncertain pace. Meanwhile, Genesis Trading, a prominent cryptocurrency trading firm, has been experiencing relatively sluggish sales. Additionally, miners have significantly reduced their stockpiles to the lowest level seen in a decade. Interestingly, on-chain data reveals that large-scale investors, often referred to as whales, have acquired a substantial amount of 100,000 BTC during the recent period of heightened selling activity.
