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German government moves $895 million in BTC; crypto exec calls dump “overestimated”

The German government resumed its Bitcoin (BTC) outflow spree today with roughly 16,039 BTC sent to exchanges and market makers. This amount is equivalent to nearly $895 million. After the movement was reported by on-cha...

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German government moves $895 million in BTC; crypto exec calls dump “overestimated”

The German government resumed its Bitcoin (BTC) outflow spree today with roughly 16,039 BTC sent to exchanges and market makers. This amount is equivalent to nearly $895 million. After the movement was reported by on-chain data platform Arkham Intelligence on X, Bitcoin took a quick 3.5% dive in a few minutes before a quick rebound.

The post German government moves $895 million in BTC; crypto exec calls dump “overestimated” appeared first on Crypto Briefing.

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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