German Authorities Completely Liquidate Bitcoin Holdings, Wallet Dwindles to $1
A Bold Move: Germany Cashes Out Its bitcoin Trove In an unexpected shift within the financial landscape, the German government has officially emptied its bitcoin wallet, as latest reports from Arkham Intelligence reveal a mere $1 85 balance This move comes on the heels of a significant transaction involving the transfer of 3,094 BTC, roughly estimated at $176 million, to an undisclosed address marked by the string “139Po” From crypto Holdings to Cold Cash The recent activity follows a large-scale offloading of bitcoin starting from mid-June, with the government converting a staggering total of 50,000 BTC into fiat This strategic divestment picked up pace in early July, raising eyebrows in the cryptocurrency circle...
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