With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC.
The German government has resumed selling its Bitcoin holdings on July 12. The move follows the return of some previously transferred BTC to the government’s Bitcoin wallet.
According to Arkham blockchain data, the German government executed multiple transactions, transferring a total of 3,200 Bitcoin (BTC) across various platforms.
The transfers were sent to Bitstamp, Kraken and Coinbase, which received 400 BTC each. Additionally, 1,000 BTC was sent to an address believed to belong to B2C2 Group, and 500 BTC was transferred to an unmarked address, identified as “bc1qu3…guzr4j.”
