Bhutan Transfers 490 BTC to New Wallet: On-Chain Data Reveals Sovereign Asset Shift
Pomptoshi
The blockchain recorded it in seconds. Bhutan just moved 490.87 BTC from one address to another. The new wallet sits empty for now. But the move matters. It lands right after government data showed sovereign holdings expanding. Prices held steady. Volatility isn the market. Or is it? I tracked this transfer live. On-chain tools lit up my screen with every hop. The amount hits $32.74 million at $66,300 per BTC. Yet this is not panic. It is rebalancing. Governments do not dump. They organize.
You May Like
The ZK-Rollup Margin Trap: Why Layer2 Teams Are Burning Cash in a Bull Market
2026-08-20
The $4 Billion Macro Bet That Could Redefine Crypto's Liquidity Cycle
2026-08-21
TrendleFi: The Attention Perpetual That Exists Only in a Press Release
2026-08-22
Seoul's Silicon Gambit: Why Lee's AI Summit Dinner Could Shatter Crypto's Compute Ceiling
2026-07-23
The Monkey Market's Favorite Son: Why Lu Yao's HYPE Thesis Is Both Right and Dangerously Incomplete
2026-08-26