Bhutan Moves 519 Bitcoin to Multiple Wallets, Including QCP Capital Link

Bhutan has moved 519.7 Bitcoin worth about $36.75 million from its sovereign holdings to multiple wallets, including one linked to QCP Capital. The transfer, identified through on-chain data, has raised speculation about potential selling activity. The move follows a similar transaction earlier this month, highlighting the country’s active approach to managing its crypto reserves.

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