🚨⛔ GERMAN GOVERNMENT TRANSFERS $172M IN BITCOIN TO MULTIPLE LOCATIONS 🚨⛔
The German government has transferred a significant amount of Bitcoin, worth over $172 million, from a wallet linked to the government. The transfer, which occurred on July 4, saw 3,000 Bitcoin being moved to various locations, including three cryptocurrency exchanges (Coinbase, Kraken, and Bitstamp) and an unknown wallet.
This move could potentially impact the Bitcoin market, especially considering the German government's history of confiscating and auctioning off cryptocurrency linked to criminal activities. The transfer is also notable given the recent whale transfers from governments and the upcoming Mt. Gox repayments, which could introduce greater selling pressure on Bitcoin.
