Bhutan Government Transfers 175.44 ETH Worth About $497K, Likely Linked to QCP Capital

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

According to Onchain Lens monitoring and a COINOTAG News report dated December 1, the Government of Bhutan transferred 175.44 ETH to a separate wallet, valued at approximately $497,000.

The recipient address appears to be linked to QCP Capital, based on on-chain analytics.

This on-chain activity highlights the rising importance of on-chain monitoring as a transparency and risk‑assessment tool in crypto markets. Market participants should monitor for subsequent disclosures and track wallet movements through reputable analytics platforms.

Share News:

Other Breaking News

BREAKING

February 9, 2026 at 09:31:09 PM UTC

BACKPACK EXCHANGE RAISING AT $1B VALUATION: AXIOS.

BREAKING

February 9, 2026 at 09:30:56 PM UTC

BACKPACK EXCHANGE RAISING FUNDS AT 1 BILLION DOLLAR VALUATION - AXIOS.

BREAKING

February 9, 2026 at 03:26:03 PM UTC

CME GROUP: Cardano, Chainlink and Stellar futures are now available to trade.

BREAKING