Justin Sun Gave Blank Check to Germany to Save Bitcoin! $BTC $ETH
Tron (TRX) founder Justin Sun gave the German government a blank check for Bitcoin. Sun wants to buy the coins held by the German government in order to relieve the selling pressure on Bitcoin. Ready to Sit at the Bargaining Table Germany seized tens of thousands of Bitcoins on illegal platforms as a result of operations carried out in recent months.
German authorities sent tens of millions of dollars worth of Bitcoin to cryptocurrency exchanges throughout this week. Arkham CEO stated that Bitcoin is often sent to central cryptocurrency exchanges with the intention of selling. Justin Sun stated, “I am ready to negotiate with the German government to buy all BTC off the market in order to minimize the impact on the market.
” Has One of the Biggest Wallets According to Arkham data, the German government still has 40,359 Bitcoins worth $2.33 billion in its wallet, despite the coins it has recently disposed of. The transactions made by Germany have recently led to increased sales pressure on Bitcoin. According to CoinGecko data, Bitcoin fell below $58,000 today. According to Bitcoin Treasuries data, Germany has one of the largest Bitcoin wallets among states. Germany is on this list after the USA, China, the United Kingdom and Ukraine.
