Germany Sends More Bitcoin To Kraken And Coinbase As Selloff Fears Persist

Jul 7, 2026

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TL;DR Arkham-tracked German wallets have sent more BTC to major exchanges.The latest transfers include flows toward Kraken and Coinbase-linked destinations.Exchange deposits are being watched as a potential sell-side pressure signal.

This is the more tactical version of the Germany Bitcoin story. The broad point is that seized coins are moving. The trading point is where they are moving and how often the transfers continue.

Exchange Flows Keep The Market Nervous Why This Is Not Just Another Whale Alert

For now, Bitcoin’s resilience will depend on absorption. If ETF demand, spot buyers, and market makers can take the supply, the damage may stay limited. If the transfers keep coming during thin liquidity, every new movement will feel like another test.

This report is based on wallet data from Arkham Intelligence.

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