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Bhutan Moves 250 Bitcoin to Address Likely Used for Selling

The post says Bhutan transferred 250 Bitcoin, valued at $17.73 million, and states the country has sold 6.3% of its total Bitcoin holdings.

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Terms & Concepts
  • Bitcoin: A decentralized digital asset that operates on a blockchain without central bank control.
  • Blockchain address: A public destination on a blockchain used to send or receive digital assets such as Bitcoin.
  • On-chain transfer: A movement of cryptocurrency recorded directly on a blockchain ledger.