German Government Dumps $350 Million More in Bitcoin, Triggering Price Dip

German authorities resumed selling Bitcoin on July 10, but this time more aggressively. Data from Arkham Intelligence reveals nine transactions have offloaded 5,853.489 BTC, valued at approximately $350 million, within hours. This latest round of liquidation is occurring through exchanges such as Kraken, which received 750 BTC; Coinbase, which received 500 BTC; and market maker The post German Government Dumps $350 Million More in Bitcoin, Triggering Price Dip appeared first on Coin Edition .

Source: Coin Edition