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Maril Frank
@marilfrank
German authorities withdrew 700 BTC from a bitcoin wallet to an unknown address. Since mid-June, the government has sold more than 10,000 BTC. Earlier, the Bundestag criticized the actions of the authorities. Journalist Colin Wu speculated that the recipient was an institutional counterparty or a large buyer in the OTC market. This is the fourth major bitcoin sale by the country's government since mid-June 2024. According to the data, the authorities still control 39,826 BTC totaling $2.29 billion. More than 10,000 BTC have been sold since mid-June
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