According to on-chain data analyst Yu Jin, the German government has transferred a significant amount of Bitcoin (BTC) to trading platforms and market makers, totaling 10,853.5 BTC (approximately $637 million) on July 10. Since June 19, the government has moved 36,748.4 BTC (about $2.156 billion) in total. With only 13,110 BTC remaining, it is anticipated that these holdings will be completely sold off within the week.
According to on-chain data analyst Yu Jin, the German government has transferred a significant amount of Bitcoin (BTC) to trading platforms and market makers, totaling 10,853.5 BTC (approximately $637 million) on July 10. Since June 19, the government has moved 36,748.4 BTC (about $2.156 billion) in total. With only 13,110 BTC remaining, it is anticipated that these holdings will be completely sold off within the week.