Bhutan gov’t moves $74M in BTC to Binance as price hits new highs
Bhutan’s government has moved $74 million in Bitcoin to Binance over two weeks, possibly cashing in as the asset hits new all-time highs.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bhutan’s government has moved $74 million in Bitcoin to Binance over two weeks, possibly cashing in as the asset hits new all-time highs.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitget Halts Withdrawals After $351.6M Hot Wallet Incident Hits Crypto Exchange
Key Takeaways: Bitget reported unauthorized transactions of about $351.6 million that occurred in a portion of its hot & warm wall...
Bitget faces hack concerns after over $180 million in crypto moves: Onchain data
The incident underscores vulnerabilities in exchange security, potentially eroding trust and prompting stricter regulatory scrutin...
Nearly $352M Moved From Crypto Exchange Bitget Wallets in Suspected Hack
Bitcoin Magazine Nearly $352M Moved From Crypto Exchange Bitget Wallets in Suspected Hack An estimated $351.6 million in crypto ha...
More than $170 million in crypto moves from Bitget wallets to unidentified address
The receiving address has made several swaps, but the reason for the Bitget wallet transfers remains unclear.
Saifedean Ammous: The Bond Crisis & Bitcoin’s Rise as a True Macro Asset
Bitcoin Magazine Saifedean Ammous: The Bond Crisis & Bitcoin’s Rise as a True Macro Asset Bitcoin’s volatility is falling, and Sai...
A 2019 Bitcoin Whale Moved $378M and Paid Just $1 to Do It
A wallet holding 4,500 BTC since August 2019 moved every coin early Friday, shifting roughly $378 million onchain for a network fe...