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coinpedia 2024-07-10 11:38:58

German Government Moves $520M in Bitcoin to Exchanges, More Sell-Off Ahead?

The post German Government Moves $520M in Bitcoin to Exchanges, More Sell-Off Ahead? appeared first on Coinpedia Fintech News The German government wallet has recently moved overall 8853.5 BTC, worth nearly $520.17 million, to multiple crypto exchanges. Despite this large transfer, Bitcoin’s price remained steady at around $58,500, reflecting a 2% increase in the last 24 hours. Meanwhile, these transactions to multiple exchanges have raised fears in the crypto space, indicating that more sell-offs …

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