Germany’s Government Transfers 400 BTC to Coinbase and Kraken Amid Intense Market Activity

Germany’s government recently made a substantial Bitcoin transfer, moving 400 BTC valued at $24.3 million to popular crypto exchanges, Coinbase and Kraken. This significant transaction follows a larger deposit from the previous week, where the government transferred 1,700 BTC, impacting the Bitcoin market considerably. Despite these sales, notable investors like MicroStrategy continue to accumulate Bitcoin,

Source: CoinOtag