Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Germany Transferred Bitcoin Worth Over $75 Million

Germany Transferred Bitcoin Worth Over $75 Million

Cryptodnes2024/07/04 11:37
By:Cryptodnes

The wallet belonging to the German government, designated as "German Government (BKA)" has again transferred Bitcoin (BTC) tokens to some crypto exchanges, but this time in larger quantities.

On July 4, transfers totaling 1,300 BTC were made from the said wallet.

Germany Transferred Bitcoin Worth Over $75 Million image 0

The first transaction, consisting of 500 BTC, was sent to the crypto exchange Bitstamp, followed by another transaction of 400 BTC, but to Kraken.

Shortly after, another 400 BTC was transferred to Kraken, bringing the total amount of transfers to the crypto exchanges in question to around $75.53 million.

After these latest transfers, the wallet still holds 43,359 BTC at an average price of $58,100, based on data from Arkham Intelligence.

This isn’t the first time the country has trasferred Bitcoin to exchanges this week. On July 1, 400 BTC was sent , and just a day after that , another 282.7 BTC.

SHARE: SHARES
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!