Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
German government says BTC sell-off, no direct impact on market

German government says BTC sell-off, no direct impact on market

Bitget2024/07/17 15:05

The German government released a summary of the "BTC Sell-Off" stating that it has completed the sell-off of nearly 50,000 BTC for €2,639,683,413, and that the overall sell-off session lasted more than 3.5 weeks, with more than 90% of the tokens traded on OTC, and that the sell-off was completed in a fair and moderate manner, with no direct impact on the price of BTC.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The rebound of the yen may only be temporary, Morgan Stanley bets on arbitrage trades making a comeback, USD/JPY expected to rise to 163.

Morgan Stanley believes that the recent strengthening of the Japanese yen is mainly due to the unwinding of short-term arbitrage trades and market bets on Japanese capital repatriation, rather than any substantial improvement in fundamentals.

智通财经2026/09/11 23:16
The rebound of the yen may only be temporary, Morgan Stanley bets on arbitrage trades making a comeback, USD/JPY expected to rise to 163.