TLDR Crypto · MARKETS & BUSINESS

GERMAN GOVERNMENT SELLING UP TO $175M BTC

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Summary from the TLDR Crypto newsletter

The German Government recently transferred a total of 3,000 BTC, worth ~$175M, to centralized exchanges (e.g., Kraken, Bitstamp, and Coinbase) and potentially to an institutional service or OTC. This indicates a significant sale or reallocation of the government's Bitcoin holdings.