🚨 BTC FUD NEWS AGAIN 🚨
TODAY: German Government sells BTC for up to $155 million.
🇩🇪The German Government transferred 600 BTC to Coinbase and Bitstamp exchanges.
•Thus, the German Government sent 1,750 Bitcoins to the exchanges in the last 24 hours.
•The government currently still has 35,488 BTC ($2.03 billion).
German Government sent 2738.7 BTC ($155.3 million) to prospective exchanges/market makers including Kraken, Cumberland, 139Po (probably deposit for institutional/OTC service) and sent to bc1qu.
Of this, 1533 BTC ($87.6 million) was sent in the last hour.
Before today, the German Government had neither interacted with the Cumberland address nor the bc1qu address.
Again, while BTC was at the resistance point, the expected move from the German government came. But they forget one thing: with each fud transaction, their cumulative influence on the market gradually decreases. Until it is neutralized. Go on. We wait 😉
Source: $ARKM