2024

Bitcoin

Million

Coin

<ul class="news-points">
 <li><strong>The German government transferred 400 BTC worth $24M to Coinbase and Kraken.</strong></li>
 <li><strong>An additional 500 BTC moved to an unknown wallet, totaling over $30M in assets.</strong></li>
 <li><strong>Former President Trump will engage in the Bitcoin 2024 convention, influencing crypto politics.</strong></li>
</ul>
<p>A German government-linked Bitcoin wallet has transferred 400 bitcoins, worth $24 million, to major cryptocurrency exchanges Coinbase and Kraken, according to PeckShieldAlert.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#PeckShieldAlert</a> The <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> address bc1qq0…738z (labeled as German Gov.?) has transferred 400 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> (worth ~$24M) to CEXs (<a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Coinbase</a> &amp; <a href="https://twitter.com/hashtag/Kraken?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Kraken</a>)<br>Balance: 500 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> <a href="https://t.co/mh4bSVgtWf" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/mh4bSVgtWf</a></p>— PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1805513036993904811?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 25, 2024</a>
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<p>Further details provided by PeckShieldAlert disclosed that the transactions originated from the Bitcoin address labeled as “bc1qq0…738z,” suspected to be linked to the German government. Initially, two separate transactions of 200 BTC each were processed, with the respective amounts sent to Coinbase and Kraken. This was followed by another transfer, a larger sum of 500 BTC valued at over $30 million, directed to a previously unknown wallet coded as “139Po.”</p>
<p>According to the latest <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">data</a>, the price…</p>
<p>The post <a href="https://coinedition.com/german-government-shifts-24-million-in-bitcoin-as-crypto-market-fluctuates/" rel="noopener noreferrer nofollow">German Government Shifts $24 Million in Bitcoin as Crypto Market Fluctuates</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

German Government Shifts $24 Million in Bitcoin as Crypto Market Fluctuates

Coin Edition

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