Using five different crypto exchanges suggests that the wallet sought to maximize liquidity on each order book and sell Bitcoin as soon as possible.
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German Government Now Holds Less Than 10K BTC, Iran Proposes to Link All BRICS Payment Systems, and More — Week in Review
Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over
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German Government’s Bitcoin Holdings Swell Overnight Thanks to Donations
According to crypto intelligence firm Arkham, the German government’s bitcoin holdings soared by 9,000% in one day, thanks to donations from Bitcoin enthusiasts. Germany had
Read moreGerman government offloads its final Bitcoin holdings
The German government officially has zero BTC left after weeks of dumping its reserves onto the market, suppressing the price.
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German Government Is Now out of Bitcoin, Arkham Data Shows
The German government has sold its entire bitcoin holdings, according to data from crypto intelligence firm Arkham. “The German government is now out of bitcoin,”
Read moreBitcoin bottom signal? German gov’t runs out of BTC to sell
Bitcoin’s price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC.
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