The US government moved nearly 29,800 Bitcoins valued at $2.02 billion, raising concern among investors as Bitcoin's price dropped nearly 5% to below $67,000.
Bitcoin's price surges to nearly $68,500 on the morning of july 22 following president Biden's official announcement to withdraw from the 2024 presidential race.
Daily as routine, the German government wallet persists in transferring Bitcoin to CEX exchange wallets, OTC institutional wallets, and various private wallets.