#The Bhutanese government transfers Bitcoin.#

384
9
Posts
Hot Topic Details

Hot Topic Overview

Overview

The Royal Government of Bhutan recently made two large Bitcoin transfers. The first transfer of 255.26 BTC, worth $26 million, went to two unknown wallets, potentially destined for Binance. The second transfer of 377.78 BTC, worth $38.57 million, also went to two different wallets. The two transfers totaled 633.047 BTC, worth $64.57 million. The Bhutanese government currently holds 11,055 BTC, valued at $1.13 billion.

Ace Hot Topic Analysis

小 A

Analysis

The Royal Government of Bhutan recently made two large-scale Bitcoin transfers. According to Onchain Lens and PeckShieldAlert, the Bhutanese government transferred 255.26 BTC (worth $26 million) and 377.78 BTC (worth $38.57 million) to two unknown wallets, respectively. These two transfers totaled 633.047 BTC, worth $64.57 million. Currently, the Bhutanese government holds 11,055 BTC, valued at $1.13 billion.While the specific reasons for the transfers have not been disclosed, based on previous records, the Bhutanese government may have sent these Bitcoins to Binance exchange.

Related Currencies

Public Sentiment

11%
89%

Discussion Word Cloud

Classic Views

The Bhutanese government may be transferring Bitcoin to Binance exchange.

1

The Bhutanese government holds a large amount of Bitcoin, valued at over $1 billion.

2

The Bhutanese government may be selling some of its Bitcoin.

3

The Bhutanese government's Bitcoin transfer has attracted market attention.

4