On July 12, the German government transferred a significant amount of bitcoins, including 800 BTC to Kraken and 500 BTC to another address, as reported by BlockBeats. The total amount transferred to market makers and centralized exchanges (CEXs) today reached 5,848 BTC, valued at approximately US$330 million.

ARKM

BlockBeats reported that on July 12, according to Arkham platform information, the German government address transferred 800 bitcoins to Kraken 8 minutes ago and 500 bitcoins to another address. As of press time, they have transferred a total of 5,848 BTC (US$330 million) to market makers and CEXs today

German Government Transfers 800 Bitcoins to Kraken and Other Addresses