The post The German Government Transfers Another 1,000 Bitcoins worth $55,800,000 Today! appeared first on Coinpedia Fintech News

Today, the German Government transferred another 1,000 BTCs worth approximately $55.8 Million around four hours ago. Out of this, 500 Bitcoins worth $27.9 Million were transferred to BitStamp and Kraken. Notably, since 20th June, the German government has moved out a total of 11,033 Bitcoins worth over $669,000,000 with an average selling price of $60,669. The government currently holds 38,826 more Bitcoins worth approximately $2,160,000,000.