According to on-chain tracking data, another 3,000 Bitcoins were flowed out of the German government’s wallet address today (4th), worth approximately US$175 million, part of which was transferred to cryptocurrency exchanges, further demonstrating the intention of “selling coins for cash” .
Data tracked by the blockchain data analysis platform Arkham Intelligence shows that at around 4 p.m. today, the German Federal Criminal Police Office (BKA) issued a request to an unknown address starting with “139PoP” (which has not yet been marked, but may belong to a certain transaction). ) sent 1,700 Bitcoins.
Meanwhile, German authorities also sent 500 bitcoins to Bitstamp; 400 bitcoins to Coinbase; and 400 bitcoins to Kraken.
In the past two weeks, the German authorities have sent more than US$300 million worth of Bitcoin to these three exchanges and addresses starting with "139PoP", and currently hold 40,359 Bitcoins, worth approximately US$2.32 billion. .
Cryptocurrency traders are keeping a close eye on the wallet movements of the German and U.S. governments, as well as Mt.Gox.
Bitcoin was down 4.2% at around $57,645 at the time of writing, according to CoinGecko data.
〈Moved another 3,000 Bitcoins! More than $300 million has flowed out of German government wallets in the past 2 weeks> This article was first published on "Blocker".
