Germany Continues Where It Left Off in Bitcoin: Here is Its New Million Dollar Move!

german government, Bitcoin (BTC) continues its sales from where it left off. On-chain data and analytics platform Arkham Intelligence According to the data, the address labeled as belonging to the German government made Bitcoin transfer again.

Accordingly, the address belonging to the German government will be available in about an hour. It moved 750 BTC worth $46 million.

While BTC worth $30.85 million was transferred to another address, 250 BTC worth $15.4 million was transferred to Bitstamp and Kraken.

The German Government currently holds 45,609 BTC worth $2.81 billion.

The German Government also transferred 0.001 BTC to Flow Traders; this could be a test operation and selling BTC through Flow Traders.

The German government transferred 400 BTC to cryptocurrency exchanges yesterday, June 25. Coinbase and KrakenHe moved it to .

The German government has been on the agenda with its recent BTC sales. At this point, the German government transferred 1,700 BTC worth approximately $110.8 million to Coinbase, Bitstamp and Kraken last week. This transfer caused the price of Bitcoin to decline.

However, experts say that due to the small amount of final transactions BTC He evaluated that it has not caused a significant decrease in price for now.

*This is not investment advice.

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