Tron ($TRX ) founder Justin Sun gave the German government a blank check for Bitcoin. Justin Sun wants to buy the coins held by the German government to relieve Bitcoin selling pressure.
Germany has seized tens of thousands of Bitcoins on illegal platforms due to operations carried out in recent months. German authorities have sent tens of millions of dollars worth of Bitcoin to cryptocurrency exchanges throughout this week, including today.
The Arkham CEO said Bitcoin is often sent to centralized cryptocurrency exchanges for the purpose of sale. Justin Sun stated: “I am willing to negotiate with the German government to buy all $BTC on the market to minimize its impact on the market.”
According to Arkham data, the German government still has 40,359 Bitcoin worth $2.33 billion in its wallet, despite the amount it has recently handled.
Recent transactions carried out by#Germanyhave led to an increase in selling pressure on #Bitcoin. According to CoinGecko data, Bitcoin fell below $58,000 today.
According to Bitcoin Treasury data, Germany has one of the largest Bitcoin wallets among countries. Germany is on the list after the US, China, UK and Ukraine.
#Write2Win #IntroToCopytrading #BinanceTournament #bitcoin #binance $BTC
