TechFlow news, according to Embers data, three major sources of selling pressure (German government, U.S. government, and Mt. Gox) have transferred a total of 14,817.1 BTC ($898.22M) over the past 16 days since June 19, during which time the BTC price has dropped 14.3% ($65,590→$56,225). Specifically:
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The German government's address transferred 9,332.3 BTC ($572.13M) since June 19 at an average price of $61,306;
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The U.S. government's address transferred 3,940.2 BTC ($241.22M) on June 26 at an average price of $61,219;
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The Mt. Gox address transferred 1,544.6 BTC ($84.87M) on July 5 at an average price of $54,944.
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