PANews, May 25: According to Arkham, Bhutan recently transferred another 90 BTC (approximately $7 million) to a Segwit address, potentially indicating a transfer or sale to a third party. Arkham noted that since the beginning of this year, Bhutan has cumulatively moved approximately $237.39 million worth of BTC from its custodial addresses to Segwit addresses and currently holds around $233.18 million in BTC. Additionally, on-chain data shows that Bhutan’s BTC holdings have decreased by approximately 10,000 BTC since peaking at around 13,390 BTC in October 2024.
Bhutan transfers 90 BTC to a SegWit address; BTC holdings have decreased by ~10,000 since October 2024.
PANewsShare
Summary
Bhutan moved 90 BTC ($7 million) to a Segwit address, according to Arkham. The BTC price remained stable during the transfer. Since October 2024, Bhutan’s holdings have decreased by approximately 10,000 BTC. As of early 2026, it has transferred $237.39 million worth of BTC to Segwit addresses, with current holdings standing at $231.8 million. BTC dominance remains steady as on-chain activity rises.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.