Latest Update
2024-06-26 20:23 UTC

US and German Governments Transfer Significant BTC to Exchanges

US and German Governments Transfer Significant BTC to Exchanges

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

Analysis

The Data Nerd

@OnchainDataNerd

The Data Nerd (On a mission to make onchain data digestible)