Bitcoin steady at $57,000 as German State Saxony moves over $600 million in BTC

The wallet associated with the German Federal Criminal Police Office (BKA) moved 10,853 BTC ($637 million) to exchanges Kraken and Coinbase, according to Arkham Intelligence.

Bitcoin holds steady at around $57,000 amid German state Saxony’s fresh movement of coins on-chain. The leading cryptocurrency by market value traded at $57,568, down 2.17% in the last 24 hours.

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