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The German Government has been transferring significant amounts of Bitcoin to various exchanges, including Bitstamp, Kraken, Coinbase, and others. Recent transfers include 250 BTC worth $15.42 million, 750 BTC worth $46.35 million, and 1,500 BTC worth $94.7 million. These transactions are adding downward pressure on Bitcoin's price.
2 hours ago, #German_gov just transferred out 1,500 $BTC (~$94.94M) to exchanges: ✅ 100 $BTC to #Kraken ✅ 100 $BTC to #Coinbase ✅ 200 $BTC to #Bitstamp ✅ 1,100 $BTC to wallet 139Po. They still hodls 44,692 $BTC ~ $2.8B. Address: https://t.co/OeIxrye28N https://t.co/YqGYE8y5J4
🇩🇪 The German Government transferred 400 $BTC (~$25.28M) to #Bitstamp, #Coinbase, and #Kraken https://t.co/ut00N9vgDs
UPDATE: German Government Moves 1,500 BTC Worth $94.7M in Just 20 Minutes! The German Government has transferred 1,500 BTC ($94.7M) within the past 20 minutes, with 400 BTC ($25.3M) going to Bitstamp, Coinbase, and Kraken. Currently, the German Government holds 44,692 BTC,… https://t.co/u0tiNP3Rmy