Druk Holdings, the royal government entity of Bhutan, moves 2,011 BTC, potentially preparing to send the funds to an exchange, amidst ongoing market shifts.
Bhutan's Druk Holdings transferred 2,011.23 BTC, valued at approximately $230 million, to a new wallet. This move, indicated by Onchain Lens data, suggests preparation for an exchange transfer. The government continues to hold significant Bitcoin reserves, with previous moves signaling active market engagement.