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via BeInCrypto · By BeInCrypto Editorial
Germany’s Infamous $2.89 Billion Bitcoin Sale Is Suddenly Looking Smarter
BTC
BTC/USDT
$84,145.27
-0.46%
$84,145.27
-0.46%
(24s)24h Volume
$14,289,431,618.83
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.3%
Long: 58.3%Short: 41.7%
Funding Rate
+0.0003%
Longs pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(07:45 AM UTC)
1 min read
Bitcoin (BTC) trades near $62,000, roughly 7% above the $57,900 average price Germany received for the 49,858 BTC it sold in 2024. Arkham Intelligence says a 6% slide would push the market below the government’s exit level.
The on-chain analytics firm flagged the threshold, tracking every wallet movement when Germany liquidated the stash between June 19 and July 12, 2024.
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