ARKM

Arkham

The Ethereum Foundation has embarked on a notable shift in its financial strategy by staking its ETH holdings for the first time. Previously known for managing its assets primarily by providing financial and technical support within the Ethereum ecosystem, this decision signals a...

Erik Voorhees, a well-known figure in the cryptocurrency sector, has reportedly made a large-scale purchase of Ethereum. Continue Reading: Erik Voorhees, a well-known figure in the cryptocurrency sector, made a large purchase of this altcoin! Here are the details

What Triggered the Sudden Buying Activity? A previously inactive crypto wallet returned to the market on March 13, purchasing more than $7 million worth of TRUMP tokens shortly after the project’s team announced a new gala event for large token holders. The buying activity follow...

Arkham reports a mysterious whale moved $100M ETH from Kraken, fueling record Ethereum network activity.

Proceeds from Bitcoin sales have paid for healthcare, environmental programs, and government worker salaries in Bhutan — a detail that puts the kingdom’s latest crypto move in sharper focus. Related Reading: WAR Token Explodes 100%, Then Crashes 20% In Sudden Sell-Off A Small Nation With A Big Bitcoin Strategy On Monday, blockchain analytics firm Arkham flagged a transfer of 175 Bitcoin, worth roughly $11.85 million, out of Bhutan’s main government wallet. The funds moved to an address created about a month ago, one that had already received 184 Bitcoin from state accounts. As of Tuesday, the coins had not moved again. No sale has been confirmed. But the transfer fits a pattern Arkham has tracked for months. Data shows Bhutan tends to offload Bitcoin in batches of $5 million to $10 million at a time. The heaviest selling on record came in mid-to-late September 2025. Back in February, a similar transfer preceded a $7 million sale to Singapore-based crypto trading firm QCP Capital. Bhutan just moved another $11 Million of Bitcoin out of its main holding addresses. The last time they did this was 1 month ago, and they were selling $7 Million of BTC with QCP Capital. Bhutan periodically sells portions of its Bitcoin in clips of $5-10M, with a particularly… pic.twitter.com/tBuz280bBe — Arkham (@arkham) March 9, 2026 How Bhutan Built Its Stash The kingdom did not buy its Bitcoin on an exchange. It mined it. State-backed operations began in 2019, powered almost entirely by hydroelectric energy. During summer months, Bhutan’s rivers run fast and full, pushing its hydropower plants into surplus. Rather than waste that extra electricity, officials directed it toward Bitcoin mining. That strategy produced roughly 13,000 Bitcoin over several years, making Bhutan one of the larger sovereign holders in the world. Arkham currently puts the country’s holdings at around 5,400 Bitcoin — a figure that reflects years of periodic selling. Among nations, Bhutan ranks seventh. The US holds the top spot by a wide margin, with 328,372 Bitcoin worth close to $22 billion. The April 2024 halving hit the operation’s profitability hard. Mining rewards dropped to 3.125 Bitcoin per block, pushing up the effective cost of each coin produced. Since then, Bhutan has sold more frequently, and some Bitcoin miners globally have shifted their computing power toward artificial intelligence and data center work instead. Related Reading: Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says Druk Holding Manages The Portfolio All of Bhutan’s digital assets — Bitcoin included — are managed by Druk Holding and Investments, the country’s sovereign wealth fund. The portfolio also holds smaller amounts of Ether and a memecoin called KiboShib, which was reportedly generated by artificial intelligence. What makes Bhutan’s position unusual is how grounded its crypto activity is in basic public finance. The kingdom is not sitting on Bitcoin as a long-term ideological bet. It is mining when the energy is cheap, selling when prices allow, and using the money to keep the lights on. Featured image from Unsplash, chart from TradingView

Why Did the Winklevoss Twins Move Bitcoin to Gemini? Cameron and Tyler Winklevoss transferred roughly $130 million worth of bitcoin to hot wallets linked to the Gemini exchange over the past week, according to blockchain analytics firm Arkham. The transfers drew attention because...

Bitcoin price has risen above $71,000 as the Winklevoss twins moved $130 million in BTC to Gemini wallets in a recent move.

According to Arkham, the Winklevoss brothers, co-founders of the US cryptocurrency exchange Gemini, may have sold $130 million worth of Bitcoin. Continue Reading: Trump Supporters Winklewoss Brothers Sell Million Dollars Worth of Bitcoin (BTC)! Fear of War?

Arkham claimed that the transfers were intended “presumably to sell,” though neither Cameron nor Tyler Winklevoss has commented on the move.