Bitcoin Whale Activity, Germany’s $3 Billion BTC Holdings on Radar

In the recent week, the Bitcoin whale activity has shot up significantly in what seems to be a classic tug-of-war between the bulls and the bears. Over the last two days, Germany’s government has deposited a total of nearly 1,700 Bitcoins worth $110 million to three different crypto exchanges – Kraken, Coinbase, and Bitstamp. However, this is quite minuscule in comparison to the 43 billion worth of Bitcoin stash that the government holds.