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Bitcoin transfer 92 million dollars: Bhutan-Mix 800 BTC amid low prices star-news.press/wp

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The royal government of Bhutan again A big batch move From Bitcoin, the conversation sparked through the encryption market.

Nearly 800 BTCWith a value of about $ 92 million, on August 18, 2025, turned into two new wallets. This step added to a series of transactions that were made earlier this month, and speculation has been fueled by whether the Kingdom of Himalayas was preparing for sale.

The third deal this month

This is not the first time that Bhutan has drawn attention in August. On August 5, the government moved 517 BTC to an unknown address.

Just two days later, on August 7, another batch was tracked to the Cobo hot portfolio at an average price of $ 116,557.

Reports confirmed that these currencies were heading for sale, as Cobo was a guardian of Bitcoin’s possessions in Bhutan.

In her latest update, Blockchain Arkham Analysis Company confirmed 799.69 BTC and highlighted that this was the third main treatment of Bhutan this month.

Bitcoin price pressure

The timing comes as Bitcoin is struggling to stick to its highest levels. The code reached a record number 124,500 dollars on August 14, 2025, before slipping again to 115300 dollars.

Data show that they decreased by 2.30 % in 24 hours and about 5 % during the week. Platforms such as ONSAIN LENS indicate that the latest transmission of Bhutan may be linked to Binance, although there is no official word from the Bootting authorities.

Market monitors say such transfers often hint on a potential sale, but can also be part of the changes to the restructuring of the portfolio or nursery.

BTCUSD trading at $115,489 on the 24-hour chart: TradingView

Potan’s place among the top holders

Even with these movements, Bhutan is still one of the largest nation holders in Bitcoin. Current estimates have set up about 9,969 BTC, at a value of about $ 1.15 billion.

This type of number makes Bhutan the sixth largest bearing worldwide, behind the United States with 198,000 BTC, China with 190,000 BTC, UK with 61,240 BTC, Ukraine with 46,350 BTC, and North Korea with 13,560 BTC.

Unlike other countries whose chimneys were built mostly from seizures, Potan’s possessions follow Mining.

Currently, repeated transfers leave the market guess. Some merchants see it as a sign of profit after the last peak of Bitcoin.

Others say it may be just nursery adjustments. Without confirmation of Bhutan, the reason behind the moves is still uncertain.

Distinctive image from Meta, tradingView graph

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2025-08-20 00:00:00

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