Post #899

🔴 The German Government accumulated back 3,673 $BTC ($207M) ~7 hours ago. After moving out 16,039 $BTC (~$1B) last night and causing the #Bitcoin price to plummet, the German Government has already accumulated back 3,673 $BTC. These on-chain activities raise several questions: ➡️ Why move directly to CEX and sell on the spot market instead of OTC? ➡️ Why withdraw BTC after moving to CEX? ➡️ Why did the price drop so significantly given the relatively small sell-off compared to BTC's daily volume? The details are covered in our latest article at https://platform.spotonchain.ai/en/signal-details/dramatic-highlights-of-the-german-governments-bitcoin-sell-off-141582 Follow @spotonchain for more on-chain updates.