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The Bhutanese government transferred 175 ETH, and the recipient is suspected to be associated with QCP Capital.
According to on-chain data from 【区块律动】, an address controlled by the government of the Kingdom of Bhutan initiated a transfer – 175.44 ETH flowed to another Wallet, which is approximately 500,000 dollars at the current price.
Interestingly, the receiving address appears to be associated with QCP Capital. This institution's actions in the crypto market have always been noteworthy; what could this operation be this time?