Today, additional bitcoin and ether were transferred by the German and U.S. governments, suggesting a potential move towards selling these assets, as per blockchain analytics from Arkham.
According to Arkham data, the German government transferred a total of 1,500 bitcoin ($94 million) to various addresses, including Coinbase, Kraken, and Bitstamp. Specifically, 600 BTC and 500 BTC were sent to an unknown address in two transactions, while 200 BTC went to Bitstamp, 100 BTC to Coinbase, and 100 BTC to Kraken.
Arkham also reported that wallets linked to the U.S. government moved 3,375 ether (approximately $11.75 million) today from an address containing assets seized from Estonian entrepreneurs Sergei Potapenko and Ivan Turõgin to an unknown address.
These transactions follow similar moves by both governments last week. According to Arkham, current holdings include approximately 213,534 bitcoin ($13.42 billion) and 50,524 ether ($175.9 million) in wallets believed to be associated with the U.S. government. Meanwhile, the German government currently holds 44,692 bitcoin valued at about $2.81 billion.
The U.S. and Germany rank prominently among nations holding bitcoin, with the U.S. leading, followed by China, the UK, Germany, and Ukraine, according to Bitcoin Treasuries.
