2024-03-23 UTC

German government BTC distribution — wave 3 peak

Peak day of the German BKA's distribution of the Movie2K seizure. Coins seized in 2020 and dormant 3+ years move in coordinated transfers — 163M BTC·days, z = 8.34.
cdd extreme ★ featured
162,961,827.00
BTC·days
8.34
z-score vs baseline

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ChainQuery.com event: German government BTC distribution — wave 3 peak (2024-03-23). chainquery.com/events/2024-03-23-german-govt-distribution-wave-3

Comparable events

2024-07-23
Sovereign + trustee distribution window (July 2024)
Two parallel coin-distribution sequences peak on the same day: the German BKA's final Movie2K sales and the start of the Mt. Gox trustee's ~140K BTC distribution to creditors. 59.6M BTC·days, z = 4.24.
2022-02-01
DOJ moves 94,636 BTC from Bitfinex hack (pre-announcement)
Seven days before the public DOJ announcement, the seized Bitfinex coins moved on-chain — 198.7M BTC·days, z = 66.7. The keys were secured well before the press conference.

Source references

→ Arkham Intelligence tracking thread
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