Germany’s movement of over $400 million in Bitcoin sparks sell-off concerns

A cryptocurrency address supposedly belonging to the German Federal Criminal Police (BKA) has moved 6,500 Bitcoin (over $425 million), according to on-chain data. The wallet labeled by blockchain analytics platform Arkham Intelligence holds 50,000 Bitcoins, which are believed to be funds seized from the operators of Movies2k.to. Also Read: US Bitcoin sales could benefit investors,

Source: Cryptopolitan