Bitcoin

<ul><li>German government receives 2,442 bitcoins back, valuing $141 million, after recent outflows and strategic asset sales.</li><li>Return of bitcoins reflects Germany&#39;s ongoing efforts to manage seized assets, including 50,000 bitcoins from Movie2K.</li><li>Joana Cotar criticizes Germany&#39;s hurried sale of bitcoins, advocating for a more comprehensive national strategy.</li></ul>The <a href="https://cryptotale.org/germanys-3-billion-bitcoin-holdings-and-whale-activities-impact-market-dynamics/" rel="noopener noreferrer nofollow">German government </a>has witnessed a notable return of bitcoins to its coffers after a substantial outflow just a day earlier. The government-controlled wallet responsible for managing large bitcoin transactions with exchanges and market entities received a total of 2,442 bitcoins in recent transactions.According to data sourced from<a href="https://platform.arkhamintelligence.com/explorer/entity/germany" rel="noopener noreferrer nofollow"> Arkham</a>, a leading on-chain analytics platform, the wallet received 903 bitcoins, equivalent to approximately $52.3 million, from the prominent cryptocurrency exchange Kraken.Additionally, it recorded an influx of 1,529 bitcoins, valued at approximately $88.6 million, from addresses that currently remain unidentified by the analytics platform. Further contributing to the return, Bitstamp also transferred ten bitcoins, amounting to around $575,000, back to the German government&#39;s wallet.<a href="https://cryptotale.org/kraken-returns-german-government-recovers-141-million-in-bitcoin/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Kraken Returns: German Government Recovers $141 Million in Bitcoin

CryptoTale

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