German Government’s Bitcoin Sales Surge: Impact on Market Stability and Future Trends

The German government has significantly increased Bitcoin sales since June, recently unloading around $900 million worth of Bitcoin to exchanges and market makers. Interestingly, amidst these massive sales, the German government has also reacquired a portion of Bitcoin. According to Arkham, the German government sold 6,306.9 BTC valued at $362.12 million yesterday alone, distributing these

Source: CoinOtag