German Government Nears Completion of BTC Liquidation

7/12/2024 2:58:03 PM

According to @EmberCN, the German government is close to completing its BTC liquidation. As of now, their wallet holds only 3,846 BTC ($223.03M). Today, they transferred 5,248.2 BTC ($301.22M) to exchanges and market makers. At the current rate of daily transfers, they could finish the liquidation by tomorrow if they work overtime on Saturday. (Source)

Bitcoin BTC German Government market makers exchanges

More from 余烬 (@EmberCN): Analyst about On-chain Analysis

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