German Government Transfers $425 Million Worth of Bitcoins, Holds $2.83 Billion in BTC$BTC

💸 The German government has recently transferred bitcoins worth $425 million.

According to Arkham Intelligence, approximately 6,500 BTC, with a value of $425 million, were moved from a wallet that is confirmed to be owned by the German government.

Following the transfer, 1,000 BTC were sent to crypto wallets associated with the Kraken and Bitstamp exchanges.

As of now, the German government's wallet holds a total of 43,359 BTC, which is valued at $2.83 billion.

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