US and German Governments Transfer Significant BTC to Exchanges
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According to @OnchainDataNerd, the US government deposited 3,940 BTC (~$241.22M) to Coinbase 11 hours ago. Similarly, the German government transferred 1,095 BTC to Kraken, Bitstamp, and Flow Traders yesterday. Despite these transfers, both governments still hold 258,810 BTC (~$15.8B). The question remains whether they will continue to sell BTC.
SourceThe Data Nerd
@OnchainDataNerdThe Data Nerd (On a mission to make onchain data digestible)