Bhutan BTC transfer: COINOTAG News reported on September 18 that, according to on‑chain monitoring by LookIntoChain, the Government of the Kingdom of Bhutan moved 913 BTC (approximately $107 million) into two newly observed wallets. The originating address is reported to still hold 9,652 BTC (roughly $1.13 billion), reflecting the on‑chain custody snapshot disclosed by the monitoring firm.
Market observers tracking on‑chain flows note that such transfers are part of routine reserve management and wallet reallocation rather than an immediate market disposition; the data are presented here as verified by the cited sources without attribution of intent. Analysts monitoring liquidity and custody trends will use this transaction data as part of broader surveillance of institutional crypto holdings.