BitnewsToday on Nostr: The German government continues selling Bitcoin, transferring additional BTC valued ...

The German government continues selling Bitcoin, transferring additional BTC valued at $342 million. So far, 5,853,409 Bitcoin have been sent to exchanges like Coinbase, Kraken, and others. 🔄

This signals the beginning of more sales. 📉 The BTC sale goes on! Before this, a flow of 6,000 BTC followed a $178 million sale of 3,100 BTC on July 9.

The address also pulled 1,700 BTC worth $91.78 million from Bitstamp, retrieving its BTC and indicating it couldn't sell them on the exchange. 🚫📊



On July 9, the balance was about 26,000 BTC worth approx $1.5 billion. A linked address used for selling had 4,800 BTC. 🔄

As of July 10, the wallet's current balance is only 18,110 BTC worth $1.06 billion, a drop of over $400 million since July 9. 💸

From nearly 50,000 BTC seized by the Attorney General, only about 13,110 BTC worth $770 million remain. 📉 The German government is no longer a BTC billionaire.



Currently, BTC is at about $58,000, with the total crypto market cap at $2.15 trillion, up 1.39% in the last 24 hours. 🚀

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