More than 90% of Bitcoin sales by German law enforcement agencies are conducted through OTC, with no direct impact on the market
Odaily2024/07/17 16:06
By:Odaily
Odaily News Odaily Planet Daily News According to the official website of the German state of Saxony, the General Prosecutors Office of Saxony sold nearly 50,000 bitcoins in about three and a half weeks, with each sale amounting to less than 1% of the market transaction volume, of which more than 90% were conducted through the over-the-counter (OTC) market to ensure the least impact on the price of bitcoin. The sale raised a total of 2.63968 billion euros, and the funds will be temporarily kept in the criminal proceedings of the movie2k case of the Leipzig District Court until the final ruling of the case. Earlier today, it was reported that German law enforcement agencies sold nearly 50,000 bitcoins in total, netting about 2.88 billion US dollars.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!
You may also like
Concerns rise over Tether’s transparency and $118B reserves
Grafa•2024/09/20 09:10
Deus X Capital unveils Solstice Labs for institutional DeFi growth
Grafa•2024/09/20 09:10
UNKJD Soccer teams up with Puma for exclusive in-game content
Grafa•2024/09/20 09:10
Jamie Dimon warns of deeper economic challenges beyond Fed rate cuts
Grafa•2024/09/20 09:10
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$63,426.81
+2.00%
Ethereum
ETH
$2,549.79
+4.46%
Tether USDt
USDT
$1
-0.00%
BNB
BNB
$571.99
+2.93%
Solana
SOL
$151.11
+8.70%
USDC
USDC
$1.0000
-0.00%
XRP
XRP
$0.5901
+1.19%
Dogecoin
DOGE
$0.1067
+1.96%
TRON
TRX
$0.1522
+1.09%
Cardano
ADA
$0.3596
+3.21%
Bitget pre-market
Buy or sell coins before they are listed, including HMSTR, CATI, OGC, EIGEN, and more.
Trade now
Not a Bitgetter yet?Sign up now to embark on a journey into the crypto world!
Sign up now