The Royal Government of Bhutan executed its largest single-day Bitcoin movement in recent weeks on March 17, transferring nearly $27 million worth of BTC across multiple on-chain transactions, according to data from Arkham Intelligence. The activity involved two substantial transfers to new wallet addresses, along with a separate 20.5 BTC transaction worth approximately $1.5 million routed to a wallet associated with QCP Capital, a prominent crypto market maker. The structured, multi-transaction approach points to deliberate, staged selling rather than a one-time liquidation event. This… Read more
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