May 9, 2025

German Government Moves 1,300 Bitcoin to Exchanges, Triggering Market Decline

1 min read

The German government has recently transferred roughly 1,300 Bitcoin to major cryptocurrency exchanges, leading to a significant drop in Bitcoin’s value. Arkham Intelligence data indicates that the Bitcoin, valued at approximately $75 million, was sent to exchanges such as Bitstamp, Coinbase, and Kraken at about 10 a.m. Central European Time today. “Yet another day of

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Source: CoinOtag

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