-
The
German
Federal
Criminal
Police
Office
(BKA)
transferred
$24
million
in
Bitcoin
across
two
transactions
to
crypto
exchanges
Kraken
and
Coinbase. -
Another
$30
million
worth
of
BTC
was
moved
to
a
new
wallet,
with
previous
transfers
totaling
$195
million
in
BTC
sent
to
exchanges
on
June
19
and
20.
A
wallet
connected
to
the
German
Federal
Criminal
Police
Office
(BKA)
today
moved
$24
million
in
bitcoin
(BTC)
across
two
transactions
to
crypto
exchanges
Kraken
and
Coinbase
in
European
morning
hours,
Arkham
data
shows.
Another
$30
million
worth
of
BTC
was
moved
to
a
new
wallet,
which
has
not
been
tagged
as
an
exchange
as
of
Tuesday.
These
transfers
are
in
addition
to
$130
million
in
BTC
sent
to
exchanges
on
June
19
and
$65
million
in
BTC
sent
on
June
20,
as
previously
reported.
Arkham
CEO
Miguel
More
told
CoinDesk
over
Telegram
last
week
that
moving
to
exchanges
may
indicate
an
intention
to
sell
the
assets.
As
such,
a
$24
million
bitcoin
sale
is
a
relatively
small
amount.
Over
$40
billion
worth
of
BTC
exchanged
hands
in
the
past
24
hours,
CoinGecko
data
shows.
There’s
ready
liquidity
for
up
to
$20
million
in
a
BTC
trade
on
Binance
alone
–
meaning
the
amount
is
unlikely
to
immediately
move
prices.
The
German
Federal
Criminal
Police
Office
(BKA)
seized
almost
50,000
BTC,
worth
over
$2
billion
at
the
time,
from
the
operators
of
Movie2k.to,
a
film
piracy
website
that
was
active
in
2013.
The
BKA
received
the
Bitcoin
in
mid-January
after
a
‘voluntary
transfer’
from
the
suspects.
