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🛑GERMAN POLICE BTC SALES UPDATE

🛑GERMAN POLICE BTC SALES UPDATE

Day: 10 | Time: 13:48:19 During European trading hours, the portfolio associated with the German Federal Criminal Police Office (BKA) moved 5,103.5 BTC, according to Arkham Intelligence. Bitcoin (BTC) has remained stable around $58,500 despite Germany's continued selling of coins. BTC is trading at $58,470, down 1.6% from its peak of $59,450 reached at 1:06 UTC. The German Federal Criminal Police Office has moved 5,103.5 BTC, equivalent to nearly $300 million, to Kraken, Coinbase, and other exchanges, continuing to liquidate the seized BTC from a privacy site. The market seems to be increasingly comfortable with these sales and those of Mt. Gox's creditors.

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The wallet associated with the German Federal Criminal Police Office (BKA) moved 5,103.5 BTC during the European hours, according to Arkham Intelligence.

Source: https://cryptonews.net/news/bitcoin/29399012/