The German government (BKA) wallet has once again transferred Bitcoin (BTC) tokens to several cryptocurrency exchanges, this time in larger quantities. On April 1st, a total of 1300 BTC transactions were conducted from the wallet.
The first transaction consisted of 500 BTC sent to the cryptocurrency exchange Bitstamp, followed by another 400 BTC transaction sent to Kraken.
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Shortly after, another 400 BTC was transferred to Kraken, bringing the total transferred to the related cryptocurrency exchanges to approximately $7.553 million.
According to Arkham Intelligence data, following these latest transfers, the wallet still holds 43,359 BTC at an average price of $58,100.
This is not the first time this week that the country has transferred Bitcoin to exchanges. They sent 400 BTC on January 1st and an additional 282.7 BTC just a day later.
