German Gov’t $354M BTC sell-off: Yet more volatility incoming?

The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC.

The wallet labeled German Government (BKA) on Arkham Intelligence has loaded up 6,000 more Bitcoin worth $354 million in preparation for the next round of BTC sell-offs.

So far, 5,853.409 Bitcoin (BTC) has been sent to addresses associated with exchanges such as Coinbase, Kraken, Flow Traders and other unidentified or unconfirmed addresses.

The next attempt to offload roughly $342 million worth of BTC has begun.

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The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC.
The wallet labeled German Government (BKA) on Arkham Intelligence has loaded up 6,000 more Bitcoin worth $354 million in preparation for the next round of BTC sell-offs.So far, 5,853.409 Bitcoin (BTC) has been sent to addresses associated with exchanges such as Coinbase, Kraken, Flow Traders and other unidentified or unconfirmed addresses.The next attempt to offload roughly $342 million worth of BTC has begun.Read more