#Bhutan government transfers Bitcoin#
Hot Topic Overview
Overview
The Royal Government of Bhutan has recently made two large-scale Bitcoin transfers, totaling 633.047 BTC, valued at $64.57 million. The first transfer involved 255.26 BTC, valued at $26 million, while the second transfer comprised 377.78 BTC, valued at $38.57 million. Both transfers were received by unknown wallets, potentially leading to Binance. Currently, the Bhutanese government still holds 11,055 BTC, valued at $1.13 billion.
Ace Hot Topic Analysis
Analysis
The government of the Kingdom of Bhutan has recently made a series of Bitcoin transfers that have drawn market attention. Onchain Lens monitoring revealed that the Bhutanese government has moved 255.26 BTC (worth $26 million) to two unknown wallets, potentially sending them to Binance following previous records. Subsequently, they transferred another 377.78 BTC (worth $38.57 million) to two different wallets. In the past few hours, the Bhutanese government has moved a total of 633.047 BTC, worth $64.57 million. Currently, they hold 11,055 BTC, valued at $1.13 billion. The specific reasons for these transfers remain unclear, but market speculation suggests they may be related to the government's fiscal policies or investment plans.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The Bhutanese government is moving some bitcoin to an unknown wallet.
The Bhutanese government may be moving bitcoin to Binance.
The Bhutanese government still holds a large amount of bitcoin.
The Bhutanese government's bitcoin transfer has drawn market attention.