According to Arkham data, the German government’s wallet had three transactions at approximately 16:25 in the afternoon. It transferred 400, 500, and 400 BTC to the exchanges Kraken, Bitstamp, and Coinbase, respectively, with a total market value of approximately 75 million dollars.
Before the deadline, the price of Bitcoin fell to the level of 57,400.
BTC
Germany
Bitcoin
Further reading:
Matrixport: Bitcoin breaks downward trend, rebound emerges
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