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The German government transferred a total of 10,850 BTC to exchanges and market makers today

The German government transferred a total of 10,850 BTC to exchanges and market makers today

CointimeCointime2024/07/10 15:58
By:Cointime

Blockchain data analyst Yu Jin monitored that the German government transferred a total of 10,853.5 BTC ($637 million) to exchanges and market makers today. Based on previous blockchain data, there may be some unsold BTC returned to the address from the exchange, which means that the actual number of sales should be slightly less than the current transfer amount. Since they started selling coins on June 19th, they have transferred a total of 36,748.4 BTC ($2.156 billion), and currently only hold 13,110 BTC ($757 million).

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