{"id":132824,"date":"2024-07-10T14:44:35","date_gmt":"2024-07-10T11:44:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132824"},"modified":"2024-07-10T16:36:29","modified_gmt":"2024-07-10T13:36:29","slug":"germany-sold-bitcoin-worth-over-350-million-in-the-last-hours","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/germany-sold-bitcoin-worth-over-350-million-in-the-last-hours\/","title":{"rendered":"Germany Sold Bitcoin Worth Over $350 Million in the Last Hours"},"content":{"rendered":"<p>On July 10 (around 1:30 pm EDT), transfers totaling 3,750 <a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\"><b><strong>BTC<\/strong><\/b><\/a> were made from the said wallet to 2 of the major crypto exchanges and Flow Traders.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cryptodnes.bg\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-10-at-14.40.07.png\"><\/p>\n<p>Flow Traders is a trading company acting as a market maker that provides liquidity to the securities market using high frequency and quantitative trading strategies.<\/p>\n<p>The first transaction <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/entity\/germany\" target=\"_blank\" rel=\"nofollow\"><b><strong>consisting<\/strong><\/b><\/a> of 375 BTC was sent to the crypto exchange Kraken. Shortly thereafter, the same amount of Bitcoin tokens was sent to the largest US exchange Coinbase.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-forecasted-to-reach-100k-by-year-end-boosted-by-ftx-payouts\/\" title=\"Bitcoin Forecasted to Reach $100K by Year-End, Boosted by FTX Payouts\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-47-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Forecasted to Reach $100K by Year-End, Boosted by FTX Payouts<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The transfer to Flow Traders was significantly larger \u2013 3,000 BTC, which equates to about $176.26 million.<\/p>\n<p>About 2 hours prior to these transactions, the German government sent another 750 BTC to Kraken ($44.06 million), 500 BTC ($29.38 million) to Coinbase, and 1,127.38 BTC ($66.23 million) on 2 occasions again to Flow Traders.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cryptodnes.bg\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-10-at-14.39.55.png\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>And today, the wallet belonging to the German government, labeled &#8220;German Government (BKA)&#8221; continues the series of Bitcoin (BTC) sales.<\/p>\n","protected":false},"author":3,"featured_media":25382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-132824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Germany Sold Bitcoin Worth Over $350 Million in the Last Hours<\/title>\n<meta name=\"description\" content=\"And today, the wallet belonging to the German government, labeled &quot;German Government (BKA)&quot; continues the series of Bitcoin (BTC) sales.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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