More German Govt Bitcoin on The Move as BTC Falls to $57K

Crypto Blog

On July 4, blockchain security platform PeckShield reported that wallets linked to the German government were moving BTC.

The findings were backed up by crypto intelligence platform Arkham, which reported that a similar amount was sent to the three exchanges. The BKA-labelled wallet, which holds 40,359 BTC, could add more selling pressure to Bitcoin’s already declining price.

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