TechFlow news: On May 25, according to on-chain analytics platform Arkham (@arkham), Druk Holding Investments—the national investment agency of Bhutan—recently transferred 90 BTC (approximately $7 million) to a Segwit address. This type of address differs from the P2SH addresses it typically uses for holding BTC, potentially indicating token transfers or sales. Since the beginning of this year, Bhutan has cumulatively transferred approximately $237 million worth of BTC into Segwit addresses and currently still holds around $233 million worth of BTC.
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