$NOT $BTC $IO #IOInternetofGPUs
📢 Germany’s Surprise $111 Million Bitcoin Buyback: 🎉🎉🎉🎉
🔥• Germany's government has purchased 1,915 BTC worth $111.5 million, reversing recent sales.
• This buyback follows large- scale Bitcoin sales that had stirred market volatility.
• Justin Sun, founder of Tron, proposed negotiating with the government to minimize market impact.
✍️In a surprising reversal, the German government, known for the recent large-scale Bitcoin sell-offs, has just bought back a significant amount of the BTC. Data from Arkham Intelligence reveals a purchase of 1,915 BTC, worth $111.5 million, from major exchanges Kraken, Bitstamp, and Coinbase.
This move comes after weeks of high-profile Bitcoin sales by the German government, which had sparked market volatility and raised questions about their crypto strategy. The sudden buyback has ignited speculation and renewed optimism among Bitcoin investors worldwide.
Update: German Government BTC Movements
German Government wallets received 1915 BTC ($111.5M) last night back from addresses linked to Kraken, Bitstamp and Coinbase.
1047.4 BTC ($57.2M) has been moved out of their wallets this morning: -547.4 BTC ($30.1M) to Flow Traders -500.
Meanwhile, the government transferred 1,047.4 BTC out of their wallets on Friday morning, worth $57.2 million. A significant portion of this, 547.4 BTC valued at $30.1 million, was transferred to Flow Traders. Another 500 BTC, worth $27.1 million, is believed to have been sent for institutional or OTC services.
📺 Io. net Token : 🔥🔥🔥
io.net, IO could hit $5.43 in 2024
> io.net's price prediction for the most bearish scenario will value IO at $1.69 in 2024.
> io.net's previous All Time High was on 13 June 2024 where IO was priced at $6.43.
io.net's price at the same time last week was $3.48. It has moved by -38.55% in the past week and is currently at $2.11. Infact, in the past 24 hours, IO has dumped by -16.52%. There is a slight bearish sentiment in the crypto market.
