不丹将 929 比特币（6300 万美元）转移到币安，引发对其 BTC 战略的猜测

不丹王国政府已将约 929 个比特币 (BTC) 转移至加密货币交易所 Binance，价值约 6616 万美元。

Bhutan has transferred 929 Bitcoin (BTC) to crypto exchange Binance, valued at approximately $66.16 million based on current market prices. The transfers occurred in two tranches: an initial 100 BTC at 9:09 am UTC, followed by an additional 839 BTC at 9:56 am UTC, as reported by on-chain data service Lookonchain via X.

不丹已将 929 个比特币 (BTC) 转移到加密货币交易所 Binance，根据当前市场价格，价值约为 6616 万美元。据链上数据服务 Lookonchain 通过 X 报告，转账分两批进行：首先在世界标准时间上午 9:09 转移 100 BTC，随后在世界标准时间上午 9:56 追加 839 BTC。

This marks the first time Bhutan has sent Bitcoin to a crypto exchange since depositing 381 BTC, valued at $24.1 million at the time, to Kraken on July 1. The on-chain analytics platform Arkham has been tracking Bhutan’s holdings since September.

这是自 7 月 1 日向 Kraken 存入当时价值 2410 万美元的 381 比特币以来，不丹首次将比特币发送到加密货币交易所。链上分析平台 Arkham 自 9 月份以来一直在跟踪不丹的持有情况。

Bhutan began mining Bitcoin in 2019, utilizing its abundant hydroelectric resources to convert green energy into Bitcoin. This initiative is part of a broader strategy to diversify national reserves in response to global economic trends. The substantial BTC reserves could potentially be used to fund national projects, enhance liquidity, or stabilize the local economy during periods of financial uncertainty.

不丹于2019年开始开采比特币，利用其丰富的水力发电资源将绿色能源转化为比特币。这一举措是为应对全球经济趋势而实现国家储备多元化的更广泛战略的一部分。大量的比特币储备有可能用于资助国家项目、增强流动性或在金融不确定时期稳定当地经济。

However, the rationale behind this large-scale transfer remains undisclosed, sparking speculation within the BTC community. Large deposits to exchanges are often interpreted as precursors to a liquidation, especially given Bhutan’s relatively small population of approximately 727,145.

然而，此次大规模转账背后的原因仍未公开，引发了 BTC 社区的猜测。大量存款存入交易所通常被视为清算的前兆，特别是考虑到不丹人口相对较少，约为 727,145 人。

In contrast to Bhutan, El Salvador has been acquiring Bitcoin at a rapid pace under President Nayib Bukele. Besides its mining operations, the country has been stacking 1 BTC every day since March 16, 2023, and has never sold a single Bitcoin.

与不丹不同的是，萨尔瓦多在总统纳伊布·布克莱 (Nayib Bukele) 的领导下一直在快速收购比特币。除了挖矿业务外，该国自 2023 年 3 月 16 日以来每天堆积 1 BTC，并且从未出售过一枚比特币。

“AFAIK, we’ve never gotten confirmation that Bhutan shares the same view as El Salvador on Bitcoin. It’s looking more like they just see Bitcoin as some sort of 5-10 year asset flip rather than a longer-term treasury strategy like El Salvador. They are going to regret this,” Pledditor wrote via X.

“据我所知，我们从未得到证实不丹与萨尔瓦多在比特币问题上持有相同的观点。看起来他们只是将比特币视为某种 5-10 年的资产翻转，而不是像萨尔瓦多那样的长期财政策略。他们会后悔的，”普莱迪托通过 X 写道。

Some analysts suggest that Bhutan could be preparing for a market move or obtaining liquidity for upcoming projects. Others speculate that the government may be capitalizing on recent market gains.

一些分析师表示，不丹可能正在为市场走势做准备，或为即将开展的项目获取流动性。其他人猜测政府可能正在利用最近的市场上涨。

The holdings are managed by Druk Holding & Investments, Bhutan’s state investment arm. With current reserves reportedly at 12,456 BTC, valued at approximately $886 million, Bhutan ranks among the largest known nation-state holders of Bitcoin. This is particularly noteworthy considering that many countries have acquired BTC through seizures related to criminal activities, while Bhutan has actively mined the BTC.

这些股份由不丹国家投资机构 Druk Holding & Investments 管理。据报道，不丹目前的储备为 12,456 比特币，价值约 8.86 亿美元，是已知最大的比特币持有国之一。考虑到许多国家通过与犯罪活动相关的扣押获得了比特币，而不丹则积极开采比特币，这一点尤其值得注意。

In addition to Bitcoin, Bhutan also transferred 228.8 Ether (ETH), valued at approximately $600,000, to a Binance hot wallet on October 18. The nation’s remaining $1.7 million in Ether represents its only other significant crypto holding.

除了比特币之外，不丹还在 10 月 18 日将价值约 60 万美元的 228.8 以太坊 (ETH) 转移到币安热钱包。该国剩余的 170 万美元以太币是该国唯一持有的其他重要加密货币。

As of now, there has been no official statement from the Royal Government of Bhutan or Druk Holding & Investments regarding the transfers. The community is eagerly awaiting further information, with some looking to Prime Minister Tshering Tobgay for potential insights into the government’s plans.

截至目前，不丹王国政府或 Druk Holding & Investments 尚未就此次转让发表正式声明。社区热切等待更多信息，一些人希望总理策林·托盖 (Tshering Tobgay) 能够了解有关政府计划的潜在见解。

At press time, BTC trades at $71,956.

截至发稿时，BTC 交易价格为 71,956 美元。