German Government’s $193 Million Bitcoin Transfer Sparks Speculation

German authorities have recently transferred an additional $282.74 in Bitcoin. According to on-chain data platform Arkham, $17.6 million in Bitcoin was transferred to exchanges Coinbase, Bitstamp, and Kraken on a Tuesday morning, indicating a potential intention to sell assets. The German government started sending Bitcoin to exchanges after seizing 50,000 BTC from the Movie2k pirate

Source: CoinOtag