German authorities hold less than $1 billion in BTC
Less than $1 billion worth of bitcoins remained in German government accounts, Arkham researchers reported. They recorded another movement of funds associated with the wallet of the authorities of a European country.
Thus, the German government continues to sell off confiscated bitcoins. According to Arkham, half an hour ago another 3,000 BTC worth $176.26 million was sent to the accounts of the trading company Flow Traders. In total, 8853.5 BTC were moved during the day, worth $520.17 million. Currently, the German government is holding 15,110 BTC, which is equivalent to $883.7 million.
As of July 10, 2024, Bitcoin quotes are at $58,500. This figure has risen by 1.85% over the past day. However, this is 2.75% lower than the same values ââa week ago. In addition, 30 days ago the value of the digital coin was 15.7% higher. The market capitalization of the virtual asset is $1.15 trillion. Daily volumes of transactions with BTC reached $27.47 billion.
