GERMAN GOVERNMENT MOVES ANOTHER 1300 BITCOIN WORTH $75 MILLION TO CEXS……

as per the On-chain Data,  the German Government has moved today  another 1300 $BTC   worth around $75 Million to Coinbase,  Kraken & Bitstamp…

Address bc1qq0...738z (labeled as German Gov.)

this comes after series of $BTC Transfers noted from the address labeled as German government since the month  of June…

as earlier reported by Arkham, a wallet linked to the German government transferred 6,500 $BTC to exchanges on June 19, worth $425 million at the time...

Then  German government transferred another 1,500 Bitcoin, worth approximately $94 million, to various addresses, including those at Coinbase, Kraken, and Bitstamp. Specifically, they moved 600 BTC and 500 BTC to unknown addresses in two separate transactions. 

Additionally, they sent 200 BTC to a Bitstamp address, 100 BTC to a Coinbase address, and 100 BTC to a Kraken address. These movements indicate a strategic distribution across different platforms.