Germany sends thousands of bitcoins for third day in a row

A wallet flagged by the Arkham platform as belonging to the German government moved thousands of bitcoins to crypto exchange addresses and third-party wallets for the third day in a row.

On June 19, 6,500 BTC left the wallet; in the last 30 minutes, another 1,000 coins were sent from it, 200 of which were sent to the Coinbase exchange.

The funds were allegedly confiscated from the creators of the pirate website Movie2k in January. The wallet contains more than 46 thousand bitcoins worth $3 billion.