Justin Sun, founder of Tron ($TRX), has offered Germany a blank check to buy back its seized Bitcoins, aiming to ease selling pressure on Bitcoin markets. 🌞💵
In recent months, Germany seized tens of thousands of Bitcoins from illegal platforms, funneling tens of millions of dollars worth of Bitcoin to exchanges this week alone. 💰💻
Arkham CEO noted Bitcoins are typically sent to central exchanges for sale, prompting Sun to offer to buy all $BTC to stabilize the market. 💲🔄
Despite recent sales, Germany still holds 40,359 Bitcoins worth $2.33 billion. 📊💼
Germany's recent transactions have increased selling pressure on Bitcoin, dropping below $58,000 today. 📉💥
Germany holds one of the world's largest Bitcoin wallets, trailing only the USA, China, UK, and Ukraine according to Bitcoin Treasuries data. 🌍🔒
