German authorities have transferred 282.74 BTC ($17.6 million) to Coinbase, Bitstamp, and Kraken, raising speculation about a potential sell-off. The transfers were detected by Arkham and follow recent Bitcoin movements by the German government, which has a $3 billion Bitcoin stockpile seized from the piracy website Movie2k.to. Recent transactions include 100 BTC to Coinbase, 150 BTC to Bitstamp, and 32.74 BTC to Kraken. Currently, Germany holds approximately 43,859 BTC, valued at around $2.7 billion. Bitcoin’s price remains flat at $62,739.
