German government moves additional $94 million worth of bitcoin to exchanges

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German government moves additional $94 million worth of bitcoin to exchanges
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The U.S. and German governments both made a large amount of crypto transactions today following similar moves last week.

The German and U.S. governments appear to have moved additional bitcoin and ether today, further signaling their potential intention to sell the assets, according to data from blockchain analytics Arkham.

Wallets labeled as belonging to the U.S. government also sent 3,375 ether, or about $11.75 million, to an unknown address today from an address holding assets seized from Estonian entrepreneurs Sergei Potapenko and Ivan Turõgin, Arkham data showed.

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