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On July 1, the German government moved 1,500 BTC, worth approximately $95 million, to several cryptocurrency exchanges. According to Arkham's analytics dashboard, wallets associated with the German Federal Criminal Police Office (BKA) sent two transfers of 400 BTC and 1,500 BTC to Bitstamp, Coinbase and Kraken. At the time of writing, the BKA-owned address holds 44,690 BTC (~$2.8 billion). On June 26, Bitcoin wallets associated with Germany transferred 595.3 BTC worth ~$36.65 million to crypto trading platforms. On June 25, the same address sent 200 BTC to Coinbase and Kraken. Prior to this, the government moved 6,500 BTC (~$425 million). On the same day, the US government transferred 3,375 ETH worth $11.75 million to an unknown address. The United States remains the largest holder of cryptocurrencies among other countries, with $13.8 billion worth of assets held in government-controlled wallets.
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