Bhutan moves $66M to Binance, cashes in on Bitcoin’s climb above $70k

Blockchain data shows that Bhutan’s government recently transferred over $66 million in Bitcoin to Binance. Data from the blockchain analytical platform Arkham Intelligence showed that the Bhutan government-labelled address initiated three transfers out of its balance within four hours. The authorities first moved 4.683 BTC, valued at $332,000, to an unlabelled address before transferring around […] The post Bhutan moves $66M to Binance, cashes in on Bitcoin’s climb above $70k appeared first on CryptoSlate.