Germany Sells Bitcoin Again! On-chain data tool Arkham: Monitoring how much Bitcoin each government holds? Introducing the essential tool for searching on-chain addresses - Arkham Intelligence
Bitcoin experienced a sharp decline in July, failing to hold above $60,000 and dropping as low as $54,000; in addition to the lack of new developments in the cryptocurrency market, the massive Bitcoin distribution for compensation by the bankrupt exchange Mt.Gox and the sale of seized Bitcoin by the German government have further dampened market sentiment, leading to fear. The on-chain data tool Arkham Intelligence provides diverse on-chain address labeling and activity information, allowing users to monitor key asset movements on the blockchain in real-time, enabling them to stay ahead of the market reaction.
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According to on-chain data tool Arkham Intelligence, we captured real-time updates of the German government transferring Bitcoins to exchanges on July 8.
As shown in the image below, the German government, identified by Arkham as the BKA address, sent 500 Bitcoins to the exchanges Coinbase and Bitstamp around 3 pm that day, with a total value of approximately $27 million.
By filtering through the "To" field in the Arkham interface and limiting it to Coinbase and Bitstamp addresses, it was discovered that the German government had started testing small transfers three weeks ago. They have subsequently transferred a total of 3,475 BTC to the two exchanges, valued at around $200 million.
Arkham Intelligence Can Aggregate Bitcoin Holdings by Multiple GovernmentsArkham Monitors Government Bitcoin Holdings and Activities- United States held 213,297 BTC before the deadline, along with other digital assets totaling $12.6 billion
- Japan's Mt.Gox held 138,985 BTC before the deadline, valued at approximately $7.9 billion
- United Kingdom held 61,245 BTC before the deadline, valued at $3.5 billion
- Germany held 38,826 BTC before the deadline, valued at $2.22 billion
- El Salvador held 5,805 BTC before the deadline, valued at $332 million
In addresses marked by Arkham, users can view more detailed statistics based on "Portfolio" investment portfolios, "Holdings by chain" different on-chain holdings, and "Portfolio Archive" portfolio records.
For example, in the German government's file, users can set the "Portfolio Archive" to track asset changes over a period of time. From 7/1 to 7/8, the German government reduced nearly 6,370 Bitcoins, resulting in a total value decrease of nearly $500 million.
Users can bookmark the address after logging in, set topics, and even perform currency flow analysis in the advanced functions.
Arkham introduces the money flow tracking feature "Tracer"! Explore any address and easily draw a money flow chart
What is Arkham Intelligence, the On-Chain Data Tool?The on-chain data tool Arkham Intelligence is an advanced blockchain data analysis platform designed to provide real-time, accurate, and efficient blockchain data monitoring and analysis. Here are the key features and functions of Arkham Intelligence:
1. Overview of the Arkham PlatformArkham Intelligence is a data analysis tool designed specifically for blockchain technology. It can monitor and analyze various activities on the blockchain, including transactions, smart contract operations, and asset movements. The platform aims to help users better understand blockchain data and make more informed decisions.
2. Key Features- Real-Time Data Monitoring: Arkham Intelligence provides real-time blockchain data monitoring to help users understand on-chain activities instantly. Whether it's transaction volume, transaction amount, or block generation status, the platform can provide detailed data.
- Smart Contract Analysis: The platform can analyze and interpret smart contracts, revealing how contracts operate and potential risks. This is particularly important for developers and investors who need to understand the security and performance of smart contracts.
- Asset Tracking: Arkham Intelligence offers powerful asset tracking capabilities to help users track the movement of crypto assets, thereby identifying potential investment opportunities or risks.
Arkham Intelligence has an intuitive user interface that is easy to use, even for blockchain technology novices. The platform provides detailed data reports and visualization tools, allowing users to quickly understand and analyze data.
4. Platform Advantages- Security: The platform employs state-of-the-art security technology to ensure the integrity and confidentiality of data.
- Efficiency: With robust data processing capabilities, the platform guarantees fast and accurate data analysis.
- Precision: High-precision data analysis tools provide reliable data support.
- Registration: Visit the Arkham Intelligence official website and register an account.
- Login: Log in to the platform using the registered account and password.
- Operation Guide: Refer to the platform's beginner's guide to learn how to use various features.
Arkham Intelligence is a powerful and user-friendly blockchain data analysis tool suitable for various users, including developers, investors, and researchers. Whether it's real-time data monitoring, smart contract analysis, or asset tracking, the platform provides comprehensive support to help users make informed decisions.
By understanding and utilizing Arkham Intelligence, you can better grasp the opportunities and challenges in the blockchain world. Register now and experience this advanced blockchain data analysis tool!
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