📰 SYNOPSIS: GERMANY, US and Mentougou governments transfer 898 million USD Bitcoin in 16 days!
ChainCatcher reports the transfer of a massive 14,817.1 BTC (about $898 million) by the German government, the United States government, and Mentougou within 16 days.
🔍 Transfer details:
⚡️German Government: Transferred 9,332.3 BTC (~572.13 million USD) since June 19, with an average transfer price of 61,306 USD.
⚡️US Government: Transferred 3,940.2 BTC (~241.22 million USD) on June 26, with an average transfer price of 61,219 USD.
⚡️Mentougou: Transferred 1,544.6 BTC (~84.87 million USD) on July 5, with an average transfer price of 54,944 USD.
📉 Market impact:
These large-scale movements have coincided with a 14.3% drop in BTC, from $65,590 to $56,225, demonstrating significant market pressure from these movements.
🔗 Source 🔥Crypto Analysis ⚡️⚡️
(https://t.me/cryptoanalysisvn/1/1760)