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via BeInCrypto · By BeInCrypto Editorial
Germany’s Infamous $2.89 Billion Bitcoin Sale Is Suddenly Looking Smarter
BTC
BTC/USDT
$64,360.01
+0.18%
$64,360.01
+0.18%
(24s)24h Volume
$10,224,039,238.81
24h H/L
$65,058.81 / $64,027.85
Change: $1,030.96 (1.61%)
Long/Short
60.6%
Long: 60.6%Short: 39.4%
Funding Rate
+0.0010%
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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