German Government Continues Selling Bitcoin Amidst Increasing Market Pressure

The German government continues to transfer seized Bitcoins to cryptocurrency exchanges. Blockchain analysis platform Lookonchain reported that a government-owned wallet moved around 11:00 today. The transfers are raising concerns about Bitcoin’s market pressure. The German government has been actively transferring seized Bitcoins to exchanges, triggering market concerns about potential selling pressure. German Government Moves Bitcoin

Source: CoinOtag