Overview
- Over roughly two days, more than 973 BTC worth about $72.3 million moved from wallets attributed by Arkham Intelligence to Druk Holding & Investments.
- About $44.44 million in bitcoin was sent on Wednesday to two unidentified addresses that have received funds in prior transactions.
- A tranche of 20.5 BTC, valued near $1.52 million, was routed to QCP Capital as part of the tracked activity.
- Arkham’s compilation shows Bhutan-linked addresses have transferred over $110 million in bitcoin so far this year, consistent with a pattern of periodic sales.
- Druk Holding’s visible balance stands around 4,400–4,453 BTC, down from roughly 13,295 BTC in October 2024, and the absence of sizable inflows to known wallets for more than a year leaves the status of mining unclear.