Is a New FUD Born? German Government Moves Bitcoin Again – Hot Moments

According to data published by the cryptocurrency analysis company Arkham, activity continues in the Bitcoins held by the German government.

According to data, Germany has sold over $195 million worth of Bitcoin so far.

Latest data shows that the German government sent $65 million in the last two hours to two different groups suspected of being linked to exchanges, including Coinbase.

Yesterday, Germany moved $600 million worth of BTC, $130 million of which was transferred to four different cryptocurrency exchanges, including Kraken and Bitstamp.

Currently, according to data, Germany holds approximately $3.05 billion worth of BTC. It is unknown whether the remaining amount will be transferred to cryptocurrency exchanges or the impact these will have on Bitcoin.

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German police seized approximately 50,000 BTC, worth over $2 billion at the time, from the operators of Movie2k.to, a pirated movie site active in 2013. According to Arkham, police received the Bitcoins in mid-January following a “voluntary transfer” from the suspects.

*This is not investment advice.

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