German Govt Moves Another 500 Bitcoin, Sell-Off Imminent?

The post German Govt Moves Another 500 Bitcoin, Sell-Off Imminent? appeared first on Coinpedia Fintech News

The German Government has yet again made a significant Bitcoin transaction as it recently transferred 500 Bitcoins amid a sharp market decline, with the BTC price falling to $54,000. The transfer was made to a wallet address, 139Po…, known for handling the German government’s Bitcoin transactions. The German government’s continuous dump has sparked speculation of an impending sell-off, as this wallet is often used for further BTC offloading. Currently, the German government wallet holds 41,774K BTC worth a staggering $2.26 billion.