According to BlockBeats, on June 25th, data from Arkham revealed that a wallet marked as 'German Government' made another transfer of 500 BTC to a certain address. The total value of this transaction is estimated to be around 30.42 million USD. The transfer was made at 17:06 Beijing time. The recipient of this substantial amount of Bitcoin remains undisclosed. The German Government's involvement in cryptocurrency transactions is not a new phenomenon, but the size of this particular transfer is noteworthy. The reasons behind this transaction and the identity of the recipient are yet to be disclosed. This event underscores the increasing acceptance and use of cryptocurrencies by governments worldwide.