Latest Update
8/21/2026 5:31:00 AM

Bhutan: Transfers 490.87 BTC to Fresh Wallets

Bhutan: Transfers 490.87 BTC to Fresh Wallets

Bhutan shifts 490.87 BTC ($32.74M) to new wallets with largest move at 485 BTC as BTC holds $75370.27 on 4h chart.

Source

Analysis

Bhutan moved 490.87 BTC (~$32.74M) into fresh wallets in the past day, including a single 485 BTC (~$32.31M) transfer.

Sovereign flows like this have accelerated over the last twelve months as governments refine custody strategies.

At $75370.27, BTC sits inside its Bollinger band with upper resistance at $76199.2 while RSI(14) prints 93.03 overbought and MACD shows a golden cross; price action points to a likely retracement toward the EMA50 support at $66664.01 before any extension higher, sharpening BTC price prediction scenarios and raising crypto market crash probabilities if momentum stalls, with AI industry impact on flows remaining secondary for now.


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