Bitcoin
Germany Appears to Shut Down Bitcoin Sales, Says Data Tracker Arkham
The German government sent its last Bitcoin on Friday, potentially ending billions of dollars in sales that have been the subject of market speculation in recent weeks, according to data from blockchain analytics firm Arkham Intelligence.
The government, which has zero balance in its main account, likely began selling its more than $2 billion stash of Bitcoin through exchanges including Coinbase Global Inc., Kraken and Bitstamp three weeks ago, according to Arkham’s transaction log. Arkham did not immediately return a request for comment.