Breaking: German Govt Dumps 400 BTC to Major Exchanges, Transfer Spree Continues

Quick Summary:

The German government has continued its Bitcoin divestment, transferring an additional 400 BTC to major cryptocurrency exchanges.

This is part of an ongoing series of sell-offs from an address linked to German authorities.

Over the past few days, more than 2,500 BTC have been sold from this address, coinciding with current market tensions.

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Category: Crypto

Markets: IndiaGermany

Topics: Bitcoin Bitcoin (BTC) Price 24/7 Cryptocurrency News Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 09:51:34 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21439674

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 31 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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