I just noticed — Bhutan is moving Bitcoin again. This time, they are transferring 319.7 BTC from one address to another. According to monitoring data, the total amount is about 22.67 million dollars at the current exchange rate.

Interestingly, Bhutan split the transfer into two wallets — one looks like a new address (, similar to an exchange wallet ), and the second is a familiar one used for previous sales. Knowing Bhutan's history with crypto trading, it seems they are preparing to dump on the market again.

Bhutan has long been known for actively working with Bitcoin — whether mining or trading. Every time they move such volumes, it can influence the price. I'm watching how the situation develops further.