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Bhutan's 184 Bitcoin Transfer Signals Potential Market Move
Bhutan government has relocated 184 Bitcoin—currently worth approximately $12.67 million at recent market rates—to a new wallet address, according to on-chain data tracked by NS3.AI. The transfer of this substantial Bitcoin holding has sparked market interest and speculation about the nation’s next steps. Industry analysts suggest the movement could indicate preparations for exchange deposits or OTC trading activities. With Bitcoin trading near $68.87K, this 184 BTC repositioning underscores government involvement in the digital asset space and may signal strategic positioning in the coming weeks.