Germany Sells More Bitcoin (BTC)
On July 1, at 11:40 a.m., a wallet belonging to the German government known as "German Government (BKA)" transferred more Bitcoin (BTC) tokens to some crypto exchanges.
The first transaction, consisting of 100 BTC was sent to the Kraken exchange, followed by another transaction of the same value but to Coinbase.
NEW: German government sends 400 BTC (~25.28M) to Bitstamp, Coinbase and Kraken.
@CryptoDnesbg pic.twitter.com/kWPllO8JsA
— CryptoDnes (@crypto_dnes) July 1, 2024
Immediately after, another 200 BTC were transferred to Bitstamp, bringing the total amount of transfers to crypto exchanges to about $25.3 million.
There were other transactions involving 500 BTC and 1,500 BTC , but they were internal or aimed at already the familiar wallet identified as “139 Po".
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Bitcoin miners are starting to shift to other cryptocurrenciesAfter these latest transfers, the wallet still holds 44,692 BTC, based on data from Arkham Intelligence.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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