The post German Government Receives Back 1,915 BTC from Exchanges appeared first on Coinpedia Fintech News
In the latest development, the German Government received back 1,915 BTC, valued at $111.5 million, from addresses linked to Kraken, Bitstamp, and Coinbase exchanges last night. This morning, they moved 1,047.4 BTC out of their wallets. Out Of this, 547.4 BTC, valued at $30.1 million, went to Flow Traders. Another 500 BTC, worth $27.1 million, was likely deposited for institutional or OTC services at 139Po. After Germany’s massive transfers on July 2nd and July 4th, Justin Sun showed his intentions to negotiate with the German Government to minimize the market impact.