German Government Sells Off 282.74 BTC Amid Broader Bitcoin Liquidation Strategy

The German government has ramped up its sale of Bitcoin, initiating a massive transfer of 282.74 BTC worth approximately $17.64 million to major cryptocurrency exchanges including Bitstamp, Coinbase, and Kraken. This significant action follows a broader divestment trend observed over the past two weeks, where more than 3,000 BTC have been moved to centralized exchanges

Source: CoinOtag