The added selling pressure from the German government could tank Bitcoin price below the key $60,000 mark.
A “German Government (BKA)” labeled cryptocurrency wallet has sold over $54 million worth of Bitcoin.
The German government’s wallet sold 900 Bitcoin (BTC) in three individual transactions on June 25.
The first transaction worth 200 BTC was sent to the Coinbase exchange, while the second 200 BTC transfer was sent to the Kraken exchange.
