German Government Transfers Another 3250 Bitcoins Today!

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Jul 11, 2024 18:57

Today, the German government again sent another 3250 Bitcoins worth $191.02 million to Cumberland, Coinbase, Bitstamp, Kraken, 139Po which is likely an institutional deposit/OTC service, and to an address bc1qu. So far today, the government has transferred a total of 5627 Bitcoins worth a significant $328.89 million to market makers and exchanges. It now has a balance of 9925 Bitcoins worth $582.43 million remaining, which is only 19.9% of the Bitcoin originally seized from Movie2k.