Bhutan Government Moves an Additional 250BTC, Transferring Over 550BTC This Week

2026/04/11 19:12
CoinPost
Written by L.Kikutani
SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Bhutan Government Moves an Additional 250BTC, Transferring Over 550BTC This Week

Moving 250BTC

Moving 250BTC

It has been revealed by Arkham Intelligence's on-chain analysis that on the 10th, the Government of the Kingdom of Bhutan transferred 250BTC (equivalent to approximately 29 billion yen) to a new wallet.

This transfer is seen as part of a phased Bitcoin sell-off by the Bhutanese government, with multiple fund transfers confirmed this week alone (319.7 BTC on the 9th). Bhutan's current holdings have decreased to about 3,774BTC, with a peak in October 2024...

SHARE
  • sns-x-icon
  • sns-facebook-icon
  • sns-line-icon
Side Banner
Side Banner
MAGAZINE
Iolite Vol.19

Iolite Vol.19

May 2026 issueReleased on 2026/03/30

Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more

MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more