The German government transferred 3,000 bitcoin ($175 million) to various addresses, on-chain data shows.
The German government appeared to send another batch of bitcoin to a few addresses, further signaling its potential intention to sell the assets, data from Arkham shows.
The government also sent 500 BTC to an address at Bitstamp, 400 BTC to a Coinbase address and 400 BTC to a Kraken address.
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