Bitcoin Reaches 57K German Government Transfers Another 1300 BTC to Exchange
According to Arkham data, at approximately 16:25 in the afternoon, three transactions labeled as the German government’s wallet transferred 400, 500, and 400 BTC to the exchanges Kraken, Bitstamp, and Coinbase, respectively, with a total market value of about 75 million US dollars.
Before the deadline, the price of Bitcoin fell to the level of 57,400.
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Further reading:
Matrixport: Bitcoin breaks the downward trend, rebound has emerged
Bitcoin’s hash rate drops to the level of FTX bankruptcy period, analyst: the market may have hit bottom.
