According to on-chain data tracked by Arkham, the German Federal Criminal Police Office (Bundeskriminalamt, referred to as BKA) transferred another 200 BTC each an hour ago, totaling 400 BTC (approximately $24.32 million), to the US exchanges Coinbase and Kraken.

(On-chain institution Arkham: The German government sold nearly $200 million in BTC and still holds 47,000 BTC)

INTEL: German government (Federal Criminal Police Office (BKA) transferred 400 BTC to CEX 20 minutes ago.They still have ~47 000 BTC ($2.84 B) pic.twitter.com/XNZUaoS6yf

— Solid Intel (@solidintel_x) June 25, 2024

This article On-chain data: The German government transferred another 400 BTC to Coinbase and Kraken an hour ago appeared first on Chain News ABMedia.