The governments of Germany and the United States have become the focus of public attention following their recent actions involving cryptocurrency holdings.

Specifically, the German government has conducted substantial transfers involving Bitcoin, while the U.S. government has initiated the movement of Ether from funds that were seized. These actions have sparked interest and scrutiny within the global cryptocurrency community and beyond.

On July 1, the German government made a substantial move in the cryptocurrency market by transferring 1,500 BTC, equivalent to around $95 million, to multiple cryptocurrency exchanges.

In a separate development, the U.S. government initiated a transfer of 3,375 ETH, valued at $11.75 million, to an undisclosed destination.In a separate development, the U.S. government initiated a transfer of 3,375 ETH, valued at $11.75 million, to an undisclosed destination.

According to data from the on-chain analytics platform Arkham Intelligence, there have been recent reports of the German government transferring 2,700 BTC to several cryptocurrency exchanges over the past two weeks.

The exchanges involved in these transactions are Bitstamp, Coinbase, and Kraken. It has been revealed that the German government currently possesses a total of 44,692 BTC, which is estimated to be worth around $2.82 billion.