According to analyst EmberCN, the German government address has transferred 7,828 bitcoins since June 19, amounting to approximately $496.33 million at an average price of $63,404 per bitcoin.
Currently, the address still holds 43,800 bitcoins worth around $2.75 billion. Based on recent withdrawal rates, it may take another 2 to 3 months for a complete withdrawal.
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Tags: Bitcoin
Source Link:
https://x.com/EmberCN/status/1808128011625193980
Note: All articles by Bitpush represent the author’s viewpoints and do not constitute investment advice.
Original Article Link:
https://www.bitpush.news/articles/6914342
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