Germany is selling Bitcoin: what's happening? Germany is a Bitcoin whale – and is SELLING millions of euros in BTC.
Germany recently transferred €200 million in Bitcoin to cryptocurrency exchanges, hinting at a possible sale plan.
This move represents less than 10% of Germany's total Bitcoin holdings, leaving the actual amount and how it will be sold uncertain.
Some hypotheses suggest a gradual sale to minimize the impact on the market.
. What does this mean for the market?
The sale of Bitcoin by a large holder such as Germany could have a significant impact on the price, causing a potential decline.
However, the uncertainty about the quantity and methods of sale leaves room for different interpretations and future scenarios.