Bitcoin hits $57K! German government transfers another 1300 BTC to exchanges
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According to Arkham data, a wallet labeled as belonging to the German government made three transactions around 4:25 PM, transferring 400, 500, and 400 BTC to the Kraken, Bitstamp, and Coinbase exchanges, with a total value of approximately $75 million.
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According to Arkham data, a wallet tagged as the German government made three transactions around 4:25 PM, transferring 400, 500, and 400 BTC to the Kraken, Bitstamp, and Coinbase exchanges respectively, totaling approximately $75 million at the prevailing market price.
At the time of writing, the price of Bitcoin had dropped to the $57,400 level.
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