in september Arkham Intelligence He announced that another country owns Bitcoin. Accordingly, the South Asian country, one of the most isolated countries in the world of Bhutan It was revealed that he had 13,011 BTC worth approximately $780.49 million.
of Bhutan Bitcoin While its address was detected for the first time in September, Arkham stated that Bhutan is the fourth largest government holding the most BTC.
With the rise in Bitcoin, the value of BTCs held by Bhutan also increases Lookonchain He said Bhutan transferred 929 BTC worth $66.16 million to Binance.
According to Lookonchain’s post, Bhutan transferred 929 BTC and still has 12,456 BTC worth $886.5 million.
While it is considered that this transfer is for sales purposes, some analysts say that they have never received confirmation that Bhutan agrees with El Salvador on Bitcoin and that they should be cautious about a possible sales pressure.
Bitcoin continues to trade at $71,130 at the time of writing.
Royal Government of #Bhutan deposited 929 $BTC($66.16M) to #Binance in the past hour.
Royal Government of #Bhutan currently holds 12,456 $BTC($886.58M).https://t.co/ki4I4mfRpo pic.twitter.com/w3D7IqpJ08
— Lookonchain (@lookonchain) October 29, 2024
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/bitcoin-yatirimcilari-dikkat-yeni-bir-fud-mu-geliyor-en-cok-bitcoini-bulunan-dorduncu-ulke-yuklu-miktarda-btc-hareket-ettirdi/