6,500 BTC Moved by German Government Wallet Raises Bitcoin Sale Concerns

A crypto wallet called “German Government (BKS)” by analytics firm Arkham recently moved 6,500 Bitcoin (BTC) on June 19, sparking widespread discussions about a potential Bitcoin sale. The German Government wallet, which held 50,000 BTC since February 2024, transferred 6,500 BTC worth $425 million to a new address. The funds were linked to a seizure

Source: Bitcoin World