Germany transfers another 1000 BTC, markets suffer negative hit

According to Arkham Intelligence, the German government moved another 1000 BTC on July 8th, with a significant amount deposited to Coinbase and Bitstamp. Germany’s Bitcoin sell-off comes at a dire time in the crypto market, suffering uncertainty and significant price fluctuations. The country’s remaining BTC reserves hold about 35,400 BTC worth approximately $2.04 billion.

Source: Cryptopolitan