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via The Block · By The Block Editorial

Bhutan government moves another 100 BTC as 2026 bitcoin outflows top $230 million: Arkham

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Change: $371.55 (0.59%)

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Long: 67.7%Short: 32.3%
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Bitcoin
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Resistance Levels
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Resistance 1$63,135.87
Price$63,133.51
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Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.6
TB
The Block Editorial
(09:55 AM UTC)
1 min read
SC
Reviewed bySarah Chen

The Royal Government of Bhutan transferred approximately 100.44 BTC ($8.2 million) to an unlabeled address on Tuesday, continuing an accelerating outflow streak.

Bhutan transferred the funds to an address starting "bc1qn" at 5:27 a.m. UTC in three transactions, according to the onchain analytics platform Arkham, which began tracking the tiny Himalayan kingdom's bitcoin (BTC) holdings in 2024.

Ark…

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The Block Editorial · The Block

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