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Bhutan moves 700 BTC worth $43.75M to Binance as Bitcoin trades above $62K, sparking market watch.

Market News
04 Jul 2026
Blockonomi
View Source
Neutral
pluang ai news

The Royal Government of Bhutan transferred 700 BTC, valued at about $43.75 million, to Binance in two transactions, drawing attention amid Bitcoin's rise above $62,000. This move follows previous large transfers from Bhutan-linked wallets, which still hold around 1,750 BTC. While large deposits to exchanges often signal potential selling, such transfers can also be for over-the-counter trades or liquidity management. Traders are closely watching Bitcoin's support near $58,000 and Binance flows to gauge market direction.

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MARS2 AI competition launches at ECCV 2026 with $100K prize to advance multimodal reasoning in industry.

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4 hours ago
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Schwab US Broad Market ETF offers broad, low-cost U.S. market exposure with tech sector influence and long-term growth potential.

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