According to on-chain analytics platform Arkham (@arkham), Bhutan’s national investment agency, Druk Holding Investments, recently transferred 90 BTC (approximately $7 million) to a Segwit address, differing from its usual P2SH addresses used for holding, potentially indicating a token transfer or sale. Since the beginning of this year, Bhutan has collectively moved approximately $237 million worth of BTC into Segwit addresses and currently holds around $233 million in BTC.
Bhutan transfers 90 BTC to a SegWit address, possibly indicating a sale
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Summary
Bhutan’s Druk Holding Investments moved 90 BTC ($7 million) to a Segwit address, differing from its usual P2SH format. This BTC update suggests a possible transfer or sale. Since January, the country has shifted $237 million worth of BTC to Segwit addresses. Bhutan currently holds approximately $233 million in BTC. This BTC news today highlights ongoing activity from the nation’s holdings.
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