- Solana’s SOL, Ether and other major tokens jumped as much as 7%.BKA received over $200 million from Kraken, Coinbase and Bitstamp.
On Monday, the price of Bitcoin dipped down to a minimum of $55,000 following a large transaction worth over $900 million from an address linked to the German Federal Criminal Police Office (BKA). This sudden move alarmed traders.
According to Arkham’s data, the entity received approximately $200 million from Kraken, Coinbase, and Bitstamp within the last 12 hours. However, it appears that these assets weren’t sold on the market despite being transferred to these exchanges.
As a financial analyst, I can rephrase that statement as follows: In early 2013, I observed that the German Federal Criminal Police Office (BKA) obtained approximately 50,000 Bitcoins, equivalent to over $2 billion in value at the time. This significant seizure came about following a voluntary transfer initiated by the administrators of Movie2k.to, an infamous film piracy website. Previous reports have confirmed this information.
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2024-07-09 09:12