Good Morning Binancian
here is some important news today
The German government continued its cryptocurrency transfers today.
According to blockchain data analysis firm Arkham Intelligence, on July 1st at 4:25 PM UTC+8, the government sent a total of 400 Bitcoin (BTC) to three major cryptocurrency exchanges: Bitstamp, Coinbase, and Kraken.
This latest transfer is valued at roughly $25.28 million.
With this transaction, the total amount of Bitcoin moved by the German government to centralized exchanges (CEX) over the past two weeks has surpassed 2,700 BTC.
Usually government wont sell their BTC all at once, because it can affect to the market badly and also will cause Germany will not get maximum profit due to significant price drop.
We believe their economics expert are educated about market play
what about you?
are you going to sell?
whatever you do, the most important thing is do your own research