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Fresh $34M Bitcoin Transfer By Bhutan Sparks Speculation—Dump Alert?

  • Bitcoin transfers from wallets linked to the Bhutanese government have sparked speculation in the cryptocurrency community.
  • 419.5 Bitcoin worth approximately $34.51 million was moved to an unidentified address on April 2.
  • Bhutan owns significant Bitcoin holdings, ranked fourth in total Bitcoin owned among countries.
  • The cryptocurrency market appeared unaffected by Bhutan's Bitcoin movements, with Bitcoin experiencing a slight rebound.

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