June 16, 2025

Just-In: Bitcoin Drops As German Government Transfers 4,900 BTC

1 min read

German government dumps BTC to crypto market maker Cumberland DRW and Flow Traders, crypto exchanges Coinbase, Bitstamp, and Kraken and other wallet addresses. This extended today’s Bitcoin selling spree to over 4,837 BTC. The selling by Germany’s government became one of the factors for BTC price dropping to $53k and further drop will continue to The post Just-In: Bitcoin Drops As German Government Transfers 4,900 BTC appeared first on CoinGape .

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Source: CoinGape

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