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Bhutan Royal Government Addresses Transfer 20.5 Bitcoin to QCP Capital

According to Onchain Lens, wallets linked to Bhutan’s royal government moved 20.5 Bitcoin worth about $1.52 million to QCP Capital and 1.02 Bitcoin to a new wallet.

BTC

Fact Check
The transfer is documented by blockchain analytics firm Onchain Lens and widely reported by reputable crypto news outlets including Bitcoin.com and Odaily. The specific amounts (20.5 BTC and 1.02 BTC) and the recipient (QCP Capital) are consistent across all sources.
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Terms & Concepts
  • On-chain data: Blockchain transaction records that can be tracked publicly to monitor wallet movements and fund transfers.
  • Wallet address: A blockchain account identifier used to send, receive, and hold digital assets such as Bitcoin.
  • Bitcoin transfer: A movement of Bitcoin between wallet addresses recorded on the blockchain and visible through on-chain data.