According to reports obtained from Arkham Intelligence, the German government purchased 1,915 BTC, equivalent to $111.5 million, through major exchanges such as Kraken, Bitstamp and Coinbase.

The German government's involvement in the crypto market has been very noticeable lately. Earlier this week, the government transferred 832.7 bitcoins, worth about $52 million, with 282.7 bitcoins transferred to Bitstamp, Coinbase and Kraken.

Additionally, two days later they conducted another significant transfer of 3,000 Bitcoins worth approximately $174 million. There are currently 40,526 BTC held in government wallets, valued at over $2.29 billion.

Despite the recent ransom, the government continues to transfer bitcoins. On Friday morning, 1,047.4 BTC worth $57.2 million was transferred from their wallets. Of this, 547.4 BTC, worth $30.1 million, went to Flow traders, while another 500 BTC, worth $27.1 million, is believed to have been deposited to pay for institutional or over-the-counter services.

Last night, German government wallets received 1,915 BTC ($111.5 million) back from addresses linked to Kraken, Bitstamp and Coinbase.

These short auctions have led to various speculations as well as positive expectations among Bitcoin users. It is noted that government activities affect the cryptocurrency market, thereby affecting the price of Bitcoin.

After the transfers, the price of Bitcoin fell below 57 thousand dollars. This series of actions by the German government demonstrates the volatility and unpredictability of the cryptocurrency market. This also highlights the growing interest and involvement of government agencies in digital currencies.

Investors and market analysts are closely watching the government's next steps as they could have a significant impact on market dynamics. The German government's surprise buyout of Bitcoin marks a major shift in its crypto strategy, causing mixed reactions throughout the market.