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goozerin / Bitnews
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2024-07-11 01:48:40

goozerin on Nostr: The German government continues selling Bitcoin, transferring additional BTC valued ...

The German government continues selling Bitcoin, transferring additional BTC valued at $342 million. So far, 5,853,409 Bitcoin have been sent to exchanges like Coinbase, Kraken, and others. šŸ”„

This signals the beginning of more sales. šŸ“‰ The BTC sale goes on! Before this, a flow of 6,000 BTC followed a $178 million sale of 3,100 BTC on July 9.

The address also pulled 1,700 BTC worth $91.78 million from Bitstamp, retrieving its BTC and indicating it couldn't sell them on the exchange. šŸš«šŸ“Š



On July 9, the balance was about 26,000 BTC worth approx $1.5 billion. A linked address used for selling had 4,800 BTC. šŸ”„

As of July 10, the wallet's current balance is only 18,110 BTC worth $1.06 billion, a drop of over $400 million since July 9. šŸ’ø

From nearly 50,000 BTC seized by the Attorney General, only about 13,110 BTC worth $770 million remain. šŸ“‰ The German government is no longer a BTC billionaire.



Currently, BTC is at about $58,000, with the total crypto market cap at $2.15 trillion, up 1.39% in the last 24 hours. šŸš€

#CryptoNews #BitcoinSale #bitnewstoday #bitcoin #money
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