According to TechFlow, Arkham monitoring shows that the German government has transferred 6306.9 BTC worth about $362 million to multiple addresses in the past three hours. These BTC were transferred to Kraken, Cumberland, suspected institutional deposit/OTC service address 139Po and address bc1qu. Among them, 3206.9 BTC (about $185 million) were transferred in the past 20 minutes.
Since yesterday’s transfer, the German government has reclaimed 5,366 BTC from exchanges including Kraken, Bitstamp, and Coinbase. Currently, the German government holds 22,847 BTC, worth approximately $1.32 billion.
