On July 8, a wallet address labeled as "German Government" transferred 5,200 BTC, valued at approximately 296 million USD, to various CEX addresses. The transfers included 900 BTC to Coinbase, 1,400 BTC to Bitstamp, 900 BTC to Kraken, and 2,000 BTC to a suspected B2C2 Group address.

HONEY

<p>BlockBeats reported that on July 8, according to Arkham data, a wallet address marked as "German Government" transferred 5,200 BTC (about 296 million US dollars) to multiple CEX addresses 13 minutes ago, including: 900 BTC to Coinbase, 1,400 BTC to Bitstamp, 900 BTC to Kraken, and 2,000 BTC to a suspected B2C2 Group address.</p>