The German Government Transfers 1300 BTC to Exchange as Bitcoin Reaches 57K

According to Arkham data, the German government’s wallet had three transactions at around 16:25 in the afternoon. They transferred 400, 500, and 400 BTC to the exchanges Kraken, Bitstamp, and Coinbase, respectively. The total market value was approximately 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 downtrend, rebound emerges
Bitcoin hash rate drops to levels seen during FTX bankruptcy, analyst suggests market may have bottomed out

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