German gov’t shifts additional 3K BTC in 1 hour. The latest transactions by the German government follow outcries from MPs to stop the sell-off and protect the country from the risks of the traditional financial system.The German government has transferred over 3,000 Bitcoin since 11:11 am UTC, bringing the total BTC volume moved by the government over the last 24 hours to a five-figure amount.The transactions continue the Bitcoin sell-off trend set by the German government since June 19 despite parliamentary members like the German lawmaker and BTC activist Joana Cotar urging it to “refrain” from doing so.Cotar urged the government to stop its “hasty disposal of state-owned Bitcoin” and instead adopt a “strategic reserve currency” to shield itself against the risks of the traditional system.Arkham Intelligence data showing the last four hours of transactions made by the German Government wallet. Source: Arkham Intelligence.
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 The German government has transferred over 3,000 Bitcoin since 11:11 am UTC, bringing the total BTC volume moved by the government over the last 24 hours to a five-figure amount.

The transactions continue the Bitcoin
BTC
tickers down
$57,171
 sell-off trend set by the German government since June 19 despite parliamentary members like the German lawmaker and BTC activist Joana Cotar urging it to “refrain” from doing so.

Cotar urged the government to stop its “hasty disposal of state-owned Bitco 

 The German government's wallet, which currently holds approximately 35,488 BTC worth over $2 billion, has seen significant movement in the past 24 hours. More than half of the total combined inflow and outflow of over 6,000 BTC has been shifted out of the wallet, with over 3,000 BTC being moved onto exchanges or unknown addresses