German government continues bitcoin transfers, moves nearly $350 million to various entities

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German government continues bitcoin transfers, moves nearly $350 million to various entities
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The German government has apparently transferred out more than 5,853 bitcoins on Wednesday with the presumed intent to sell.

The German government has once again resumed transferring bitcoins to centralized exchanges and other market entities with the presumed intent to sell on Wednesday.

500 bitcoins have also been sent to crypto exchange Coinbase, while another 750 were sent to rival exchange Kraken.

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