Germany Government Loses their Bitcoin Billionaire Status
Germany has lost its status as a Bitcoin billionaire following recent transfers of Bitcoin to centralized exchanges and external wallets. According to Arkham Intelligence, the German government’s address now holds less than 10,000 BTC, valued at $580 million.
Over the past 48 hours, German authorities have moved more than 10,000 BTC in what seems to be an effort to liquidate their holdings. Despite this, the market appears to be adjusting well, as the BTC price rose by 2% in the last 24 hours.
