Data: Since June 19, the address marked as the German government has transferred out 7828 Bitcoins
According to on-chain analyst Yu Jin, the address marked as the German government has transferred out 7,828 Bitcoins since June 19th, equivalent to approximately $496.33 million, with an average transfer price of $63,404. Currently, this address still holds about 43,800 Bitcoins worth approximately $2.75 billion. Calculating based on the recent frequency of transfers, it may take another two to three months to transfer all of them out.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-West Pharma shares rise after completing credit facility refinancing
GBP/JPY Price Forecast: Bulls eye 211.10 as bearish trend persists
CERo Therapeutics Adds UC Davis as Site for Phase 1 CER-1236 Trial in Blood Cancers