UPDATE: German Government selling additional $24M $BTC

In the past 2 hours the German Government has moved 400 BTC to exchange deposits at Kraken and Coinbase. #BTC

They have also moved 500 BTC to address 139Po. We have yet to see where these funds are moved.

This is in addition to $130M BTC sent to exchanges on 19th June and $65M BTC sent on 20th June,

although they received $20.1M back from Kraken and $5.5M from wallets linked to Robinhood, Bitstamp and Coinbase.

Currently, the German Government holds 46,359 BTC, worth $2.8B at current prices.

Source: Arkham

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