German Government moved BTC to CEX

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Jun 20, 01:28

SOC Team

German Government moved BTC to CEX

Outflow

Related addresses

German Government (BKA)

Total tokens transferred

1.1K

BTC

The German Government transferred out 2,000 BTC, of which 1,100 BTC (~$72.3M) has been deposited to CEX in the past 17 hours, including:

500 BTC ($32.6M) to Kraken
500 BTC ($32.6M) to Bitstamp
40 BTC ($2.61M) to Gemini
40 BTC ($2.61M) to BitFlyer
30 BTC ($1.96M) to Coinbase

These amounts were moved out of the entity German Government (BKA)

Notably, the German Government seized 49,857 BTC (then $2.14B) from the operator of the pirated movie website Movie2k on January 16, 2024 (5 months ago).

Currently, the entity still holds 47,859 BTC ($3.12B).

Fig 1. The current holdings of the German Government (BKA).

#german government

#deposit

#kraken

#bitstamp

#coinbase

#gemini

#bitflyer

#bitcoin

#btc

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