On July 1, both the German and U.S. governments executed significant cryptocurrency transfers, attracting considerable market attention. The German government conducted transactions involving 1,500 BTC, valued around $95 million, directing portions to major exchanges like Bitstamp, Coinbase, and Kraken. This move is part of ongoing activities where Germany has recently transferred a total of 2,700 BTC to various exchanges over the past fortnight, holding a total of approximately 44,692 BTC, valued at about $2.82 billion. Meanwhile, the U.S. government transferred 3,375 ETH, worth approximately $11.75 million, from seized funds to an undisclosed destination. These actions underscore government entities' increasing engagement with cryptocurrencies, reflecting growing regulatory and operational involvement in the digital asset space.