On Monday, the German government started preparing for its largest Bitcoin sale to date, transferring $900 million worth of the cryptocurrency to trading platforms.

On-chain data from Arkham Intelligence indicates that over 16,000 $BTC were moved from the government's wallet on July 8, leaving 23,787.7 BTC ($1.35 billion) still in its possession.

#BinanceTurns7 #BinanceTournament