German Government Transfers Additional 1300 BTC to Exchange as Bitcoin Surges to 57K

According to Arkham data, a wallet marked as belonging to the German government conducted three transactions at approximately 16:25, transferring 400, 500, and 400 BTC into the exchanges Kraken, Bitstamp, and Coinbase respectively, with a total value of approximately 75 million US dollars. Before the deadline, the price of Bitcoin fell to the 57400 level.

For further reading:
Matrixport: Bitcoin Breaks Downtrend, Rebound Appears
Bitcoin’s Hashrate Drop Reaches Levels Seen During FTX’s Bankruptcy, Analyst: Market May Have Bottomed Out

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