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Major exchanges returned 3,673 BTC to the German government in the past nine hours

CointimeCointime2024/07/09 03:56
By:Cointime

According to blockchain analyst @ai_9684xtpa, major exchanges have returned 3,673 BTC worth $206 million to the German government in the past nine hours. They still hold 27,461 BTC worth a total of $1.57 billion. TheBlock's research director speculated that exchanges may have returned the BTC to the German government address because they were unable to sell it at the target price range.

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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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