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

ETH

ETH/USDT

$2,065.36

-4.16%

$2,065.36

-4.16%

(24s)

24h Volume

$11,341,264,445.51

24h H/L

$2,157.00 / $2,050.12

Change: $106.88 (5.21%)

Long/Short

69.3%

Long: 69.3%Short: 30.7%

Funding Rate

-0.0036%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,066.20

▼ -0.90%

Volume (24h): -

Resistance Levels

Resistance 3$2,233.72

Resistance 2$2,166.33

Resistance 1$2,083.64

Price$2,066.20

Support 1$2,063.38

Support 2$1,916.14

Support 3$1,747.80

Pivot (PP):$2,081.18

Trend:Uptrend

RSI (14):46.9

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.

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