The Bhutanese government transferred 500,000 USD in ETH, and the receiving address is suspected to be related to QCP Capital.

ForkMonger

2025-12-01 09:20:13

[Coin World] In early December, there was a significant on-chain transaction worth noting – the official wallet of the Kingdom of Bhutan transferred 175.44 ETH to another address, equivalent to approximately $497,000 based on the price at that time. Interestingly, the on-chain behavioral characteristics of the receiving wallet suggest that it is likely connected to QCP Capital in some way. The motivations behind such government-level asset movements are always intriguing.

ETH8.64%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
5
Repost
Share

Comment

0/400

GasGuru

· 21h ago

Has Bhutan started playing with coins too? This operation is indeed a bit interesting, and it's even more intriguing when it involves QCP.

View OriginalReply0

BearMarketMonk

· 12-01 09:49

Bhutan has started playing with chains too? I really don't understand this operation in relation to QCP, as the government troops are playing people for suckers.

View OriginalReply0

ChainMemeDealer

· 12-01 09:48

Is Bhutan secretly causing trouble again? Is QCP involved too? This game is getting a bit big.

View OriginalReply0

ChainWanderingPoet