Bhutan Shifts $7,000,000 in Bitcoin to a SegWit Address, Arkham Flags Sale Risk
On May 26, 2026, Bhutan's government moved about $7 million worth of BTC to a SegWit wallet, according to Arkham. The platform said such transfers can signal preparation for a further transfer or a sale, and noted Bhutan's BTC balance is down 10,000 BTC from a ~13,390 BTC peak in October 2024. Arkham data also lists Bhutan holding $234.33 million in BTC and about $68,000 in ETH at the time of the report.