ZyCrypto - The German government moved a large amount of seized Bitcoin, potentially to sell it and impacting the already bearish cryptocurrency market

in blockchain •  5 months ago 

https://zycrypto.com/is-a-massive-dump-incoming-german-governments-425-million-bitcoin-transfer-sparks-market-speculation/
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A German government agency transferred a large amount of Bitcoin, possibly seized from a piracy website.

This has raised concerns that they might be selling their holdings, which could further weaken the already struggling cryptocurrency market.

This isn't uncommon, with governments around the world seizing and selling confiscated crypto.

Beware of potential Bitcoin dumps!!

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blockchain horror dump german government bitcoin bearish cryptocurrency
5 months ago by

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      ·  5 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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