Bhutan sends $34.5 million in bitcoin to Binance, holdings fall below 1,750 BTC: Arkham

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Bhutan is transferring 533 BTC worth $34.5 million to Binance, significantly depleting its state-linked wallets. Holdings now stand at 1,749.96 BTC, a substantial drop. This move may be part of a larger strategy to diversify Bhutan's assets or mitigate potential losses, potentially influencing the global cryptocurrency market's sentiment and stability amid ongoing economic uncertainty and regulatory shifts.