Germany transferred more Bitcoin to exchanges, leaving it with just $765 million of its massive seized reserves as its months-long liquidation spree nears its end.
The German government shifted another $56 million in Bitcoin to different platforms, continuing to offload portions of its massive Bitcoin trove and fueling volatility amid creditor payouts from Mt. Gox.
The German government transferred another $75 million in Bitcoin to exchanges, adding to its recent sales of seized reserves that have totaled over $390 million amid concerns over potential market impacts.
The German government transferred another $95 million in seized Bitcoin to exchanges, sparking renewed concerns it may sell part of its massive Bitcoin reserves.
The German government transferred millions in seized Bitcoin to exchanges Kraken and Coinbase, which could signal plans to sell and introduce downward price pressure on Bitcoin.