The German Government recently transferred 2,000 BTC, with 1,100 BTC (~$72.3M) deposited to various CEXs over the past 17 hours. The deposits include:

500 BTC ($32.6M) to Kraken

500 BTC ($32.6M) to Bitstamp

40 BTC ($2.61M) to Gemini

40 BTC ($2.61M) to BitFlyer

30 BTC ($1.96M) to Coinbase

Notably, the German Government had seized 49,857 BTC (worth $2.14B at the time) from the operator of the pirated movie website Movie2k on January 16, 2024, five months ago.

Here are the six addresses involved:

bc1qq0l4jgg9rcm3puhhfwaz4c9t8hdee8hfz6738z

bc1q0unygz3ddt8x0v33s6ztxkrnw0s0tl7zk4yxwd

bc1qgrvchamnmmaancn3vwea6elnvexpylzh30rhjz

bc1q9agtd4sk5r06vqcsy3ewdr0dslf03dlj3agtva

bc1qnwft8re0tkkyekd4nl34dqvgmwx3zsfyxfadfg

bc1q93njc4we4s088a2nz6c9e6vthc5h4ake53rxmd

Currently, the entity still holds 47,859 BTC, valued at approximately $3.12B.

#BTC