US and German Governments Transfer Significant BTC to Exchanges

6/27/2024 4:23:03 AM

According to @OnchainDataNerd, the US government deposited 3,940 BTC (~$241.22M) to Coinbase 11 hours ago. Similarly, the German government transferred 1,095 BTC to Kraken, Bitstamp, and Flow Traders yesterday. Despite these transfers, both governments still hold 258,810 BTC (~$15.8B). The question remains whether they will continue to sell BTC. (Source)

BTC Coinbase German Government US government

---