๐ฉ๐ช๐ฐ Germany's government is making waves in the crypto world! They've transferred a whopping 750 BTC (around $46.35M) to Bitstamp and Kraken exchanges. But don't worry, they're still sitting on a cool 45,609 BTC reserve, worth an estimated $2.81B.
๐๐ฌ They've also sent a tiny 0.001 BTC to Flow Traders, possibly testing the waters for future transactions.
๐๐ This follows a trend of over 2,000 BTC sales from the government's address during recent market turbulence.
๐ฌ๐ฟ Fun fact: this Bitcoin stash originates from a 2013 seizure of nearly 50,000 BTC from Movie2k.to operators, a now-defunct film piracy site.
๐๐ BTC's price has been a rollercoaster ride, dipping below $60,000, then soaring to $62,400, and now hovering around $61,000.
What do you think about these big moves? Let's chat in the comments! #Web3 #DeFi #Bitcoin