German Authorities Continue Bitcoin Sell-Off Amid Market Uncertainty
German authorities are in the spotlight again for selling off more Bitcoin, following a significant $170 million worth of Bitcoin sales last week. According to on-chain analysis, Germany’s Federal Criminal Police Office (BKA) transferred 400 BTC (worth about $25 million) to popular cryptocurrency exchanges Coinbase and Kraken on Tuesday. Furthermore, 500 BTC (valued at over $30 million) was moved to an unknown address, as reported by blockchain monitoring service Arkham.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
