The “German Government” sold $376 million worth of BTC in the past 16 hours and is expected to clear all its BTC holdings in the next 1-2 days

in bitcoin •  2 months ago 

In the past 16 hours, the German government unloaded another $376M worth of $BTC (https://www.coincarp.com/currencies/bitcoin/), including:• moving out 10,627 $BTC ($616M) at ~$57,976• receiving back 4,169 $BTC ($240M) at ~$57,469

Currently, the German government only has 9,094 $BTC ($520M) left, ~18% of the original $BTC amount. At this rate, they may unload all $BTC in the next 1-2 days.

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2 months ago by

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