$BTC Bhutan Government Bitcoin Activity Update

On-chain data from Arkham shows that a wallet linked to the Royal Government of Bhutan recently moved 184 BTC, valued at approximately $14.09 million.

It’s important to note that on-chain transfers do not automatically confirm a market sale. Such movements can also reflect internal treasury management, custody changes, or preparation for OTC transactions.

Sovereign Bitcoin activity continues to be closely monitored, as government-linked wallets often provide insight into how states manage digital asset reserves rather than short-term trading behavior.

BTC

67,392.15

-2.88%