📢🇩🇪 Germany's back at it, folks! The government has resumed selling its Bitcoin stash, with 3,200 BTC (that's a cool $300 million!) transferred across various platforms. 📈💰
Bitstamp, Kraken, and Coinbase each received a neat 400 BTC, while 1,000 BTC went to an address believed to belong to B2C2 Group. The remaining 500 BTC? Sent to an unmarked address. 🕵️♂️
Crypto analyst Michaël van de Poppe speculates that the remaining Bitcoin will likely be sold today. 😲
Historically, large sales by government entities can cause market ripples, but the careful distribution might prevent any drastic price swings. 🎢
With 5,800 BTC still in their wallet, the German government has sold a whopping 88.4% of the original 50,000. 💼
Despite some disapproval from Bitcoin advocates, the recent BTC price dip could be due to Germany's significant sale and other market uncertainties. 📉
What's your take on this? Share your thoughts below! 👇