2024

Bitcoin

Arkham

The German government, which has been suppressing the BTC price since mid-June with Bitcoin sales, again transferred 1,000 BTC worth $55.8 million.
According to Arkham data, the German Government transferred a total of 500 BTC to Bitstamp and Coinbase today, 250 BTC each, worth approximately $27.9 million.
The other 500 BTC was transferred to another unknown address. It was evaluated that this address could be the deposit address of an institution or OTC service.
<blockquote>
 “The German government again transferred 1,000 BTC ($55.8 million worth) 15 minutes ago, of which 500 BTC ($27.9 million) was deposited to Coinbase and Bitstamp.
 The German government currently holds 38,826 BTC ($2.17 billion).”
</blockquote>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 The <a href="https://twitter.com/hashtag/German?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#German</a> government transferred 1,000 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($55.8M) out again 15 minutes ago, of which 500 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($27.9M) was deposited to <a href="https://twitter.com/hashtag/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Coinbase</a> and <a href="https://twitter.com/hashtag/Bitstamp?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitstamp</a>.
 The <a href="https://twitter.com/hashtag/German?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#German</a> government currently holds 38,826 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>($2.17B).<a href="https://t.co/h2JlBVFPsL" rel="noopener noreferrer nofollow">https://t.co/h2JlBVFPsL</a> <a href="https://t.co/NS5pkMixrj" rel="noopener noreferrer nofollow">pic.twitter.com/NS5pkMixrj</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1810208331862290529?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 8, 2024</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/is-germany-the-reason-for-the-decline-in-bitcoin-here-is-the-latest-data/" rel="noopener noreferrer nofollow">Is Germany the Reason for the Decline in Bitcoin? Here is the Latest Data!</a>

Is Germany the Reason for the Decline in Bitcoin? Here is the Latest Data!

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