1. Home
  2. Arkham Intelligence

Arkham Intelligence

Institutional Liquidity Providers and OTC Desks Absorbed 88% of Germany’s Bitcoin Sales

Institutional Liquidity Providers and OTC Desks Absorbed 88% of Germany’s Bitcoin SalesInstitutional liquidity providers, market makers, and over-the-counter (OTC) trading desks, regardless of the term you choose, have taken in most of Germany’s bitcoin since sales began in June 2024. Data reveals that only a small amount of BTC was moved to centralized crypto exchanges like Coinbase, Kraken, and Bitstamp. Institutional Players Absorb Bulk of Germany’s […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%

German Government Resumes Bitcoin Selling Spree, Currently Holding Less Than 4,000 BTC

German Government Resumes Bitcoin Selling Spree, Currently Holding Less Than 4,000 BTC

The government of Germany is continuing its Bitcoin (BTC) sell-off, bringing its total number of tokens down below 4,000. According to new data from blockchain “de-anonymizing” platform Arkham Intelligence, during the last 24 hours, the German government has sold hundreds of millions of dollars worth of BTC, continuing its trend of selling off the crypto […]

The post German Government Resumes Bitcoin Selling Spree, Currently Holding Less Than 4,000 BTC appeared first on The Daily Hodl.

Traders eye $71.5K Bitcoin price as open interest jumps 13%

Germany has 9K Bitcoin left just 3 weeks after it started selling

Germany’s Bitcoin stack briefly dipped below 5,000 BTC after a large amount of funds was sent to Coinbase, Bitstamp and Kraken, but it has since moved some back.

The German government’s Bitcoin wallet is down to 9,094 Bitcoin — just 18% of what it started with — after the latest string of back-and-forth transfers to crypto exchanges on July 11.

The wallet, which has been holding Bitcoin (BTC) seized from a film pirating website crackdown in January, has transferred out billions in Bitcoin since June 19 but ramped up efforts at the start of July.

On July 11, the wallet briefly dipped below 5,000 BTC after sending 10,620 BTC worth around $615 million to cryptocurrency trading platforms Coinbase, Bitstamp, Kraken, Flow Traders and two anonymous addresses, blockchain intelligence firm Arkham noted.

Read more

Traders eye $71.5K Bitcoin price as open interest jumps 13%

From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off Continues

From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off ContinuesGermany now holds fewer than 5,000 bitcoin following its recent divestment on Thursday. Since 9 a.m. EDT that day, wallets operated by the German government transferred 5,000 BTC, reducing its holdings to 4,925 BTC. Germany’s Bitcoin Reserves Drop Below 5,000 As of 1 p.m. EDT on Thursday, July 11, 2024, the German government holds 4,925 […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%

German Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 Bitcoins

German Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 BitcoinsAt 9:50 a.m. on Wednesday, the German government held 13,110 BTC. By 8:30 a.m. on Thursday, the stash had decreased to 9,925 BTC, with the wallets now holding below 10,000 bitcoins. Germany’s Bitcoin Wallets Overpay Network Fees as Holdings Drop to 9,925 BTC Overnight and into the morning hours (EDT), Germany’s bitcoin (BTC) wallet divested […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%

German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow

German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by TomorrowOver the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sales Could Soon Lead to Total Reserve Depletion At 1:16 p.m. EDT on July 9, Bitcoin.com News reported on Germany’s bitcoin transfers […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%

German Government Sells $220.7M in Bitcoin, Retains $1.3B Reserve

German Government Sells 0.7M in Bitcoin, Retains .3B ReserveAccording to the latest tally, onchain data collected at 12 p.m. EDT on July 9 indicates that the German government has sold 3,840 BTC valued at $220.7 million since 4:30 p.m. EDT on July 8. Bitcoin Holds Strong Amidst Germany’s Selling Pressure The German government’s wallet now holds 22,846 BTC following multiple transfers and deposits […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%

Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop

Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price DropAmid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase all BTC off-market in order to minimize the […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%

German Police Transfers Additional $95 Million in Bitcoin to Bitstamp, Coinbase, and Kraken

German Police Transfers Additional  Million in Bitcoin to Bitstamp, Coinbase, and KrakenThe German Government has apparently transferred an additional 1,500 bitcoin, valued at nearly $95 million, to multiple cryptocurrency exchanges, including Bitstamp, Coinbase, and Kraken. This move, part of a series of transactions since June 19, has led to speculation about the government’s intention to liquidate some of its bitcoin holdings, originally seized in a large-scale […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%

German Law Enforcement Transfers $425M in Bitcoin From Seized Funds

German Law Enforcement Transfers 5M in Bitcoin From Seized FundsOnchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its onchain monitoring systems. German Authorities Transfer Seized Bitcoin About four months ago, Arkham Intelligence announced on the social media […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%