Germanys Heightened Bitcoin BTC Sales Surge

Byadmin

Jul 1, 2024
Germanys Heightened Bitcoin BTC Sales SurgeGermanys Heightened Bitcoin BTC Sales Surge

On July 1, at 11:40, the 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.
UPDATE: The German government sent 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 approximately $25.3 million.
There were also other transactions involving 500 BTC and 1,500 BTC, but they were internal or directed to the already known wallet, identified as “139寶”.
Read more:


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According to Arkham Intelligence’s data, after these latest transfers, the wallet still holds 44,692 BTC.

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