Scan to download
BTC $78,408.75 -2.74%
ETH $2,192.92 -2.79%
BNB $660.22 -3.58%
XRP $1.42 -3.54%
SOL $87.45 -4.07%
TRX $0.3517 -0.02%
DOGE $0.1102 -3.80%
ADA $0.2556 -4.44%
BCH $420.94 -2.43%
LINK $9.81 -5.02%
HYPE $41.78 -8.50%
AAVE $89.42 -7.28%
SUI $1.06 -7.19%
XLM $0.1522 -4.44%
ZEC $495.31 -7.79%
BTC $78,408.75 -2.74%
ETH $2,192.92 -2.79%
BNB $660.22 -3.58%
XRP $1.42 -3.54%
SOL $87.45 -4.07%
TRX $0.3517 -0.02%
DOGE $0.1102 -3.80%
ADA $0.2556 -4.44%
BCH $420.94 -2.43%
LINK $9.81 -5.02%
HYPE $41.78 -8.50%
AAVE $89.42 -7.28%
SUI $1.06 -7.19%
XLM $0.1522 -4.44%
ZEC $495.31 -7.79%

usp

Analysis: Bhutan denies selling Bitcoin, on-chain data points to approximately $1 billion in suspected BTC outflows causing controversy

According to CoinDesk, on-chain analysis firm Arkham Data shows that over the past year, wallets associated with Bhutan have seen outflows of approximately $1 billion in Bitcoin, with funds flowing to multiple trading platforms and trading institutions, reducing their holdings from about 13,000 BTC to around 3,100 BTC.Arkham speculates that there may be ongoing selling behavior, and if the trend continues, the relevant addresses may be cleared of holdings before October 2026. However, Bhutan's sovereign fund Druk Holding and Investments (DHI) stated that "they do not recall any recent Bitcoin sales," did not respond to specific changes in on-chain addresses, and did not confirm the current holding size, only emphasizing that there are no additional comments.The report points out that some of the fund inflow paths are related to institutions such as Galaxy Digital and OKX, leading the market to interpret this as selling or over-the-counter trading behavior, but there are also possibilities of transfers into custody, collateralization, or structured trading that do not involve selling. Additionally, some trading institution personnel stated that there has been no clear selling recently.Furthermore, Bhutan's previous commitment to a reserve of 10,000 BTC for the "Gelephu Mindfulness City" project has also been questioned due to potential sell-offs. Currently, there is still significant disagreement regarding its actual holdings and mining operations.

ZachXBT: 18-year-old hacker Dritan from the United States is suspected of involvement in a $19 million cryptocurrency theft and money laundering scheme

On-chain detective ZachXBT exposed American threat actor Dritan Kapllani Jr, claiming he is suspected of participating in a social engineering theft targeting crypto users, totaling approximately $19 million. ZachXBT stated that Dritan has long flaunted luxury cars, high-end watches, private jets, and nightlife on social media. On April 23, 2026, during a "Band 4 Band (B4B)" voice chat on Discord, he publicly displayed an Exodus wallet containing $3.68 million in assets to prove he was wealthier than another hacker.The relevant ETH address is: 0x4487db847db2fc99372a985743a26f46e0b2bba6. ZachXBT tracked and found that this address is linked to a social engineering theft case involving 185 BTC (approximately $13 million) on March 14, 2026. The next day, Dritan's Exodus wallet received about $5.3 million of those funds. By the time of the B4B call six weeks later, about $1.6 million had been spent or laundered.On May 11, the U.S. Justice Department unsealed a criminal indictment against Trenton Johnson, who is accused of participating in the aforementioned 185 BTC theft case and could face up to 40 years in prison. "Coconspirator 1" in the indictment is alleged to be Dritan, who has not yet been formally charged. ZachXBT also pointed out that Dritan is connected to hacker John Daghita (Lick), who was previously arrested for stealing $46 million from the U.S. government, and John had exposed Dritan's old wallet address on Telegram.On-chain analysis shows that this address is related to multiple high-confidence social engineering theft cases in 2025, with a total amount involved exceeding $5.85 million. ZachXBT stated that Dritan has been active in "The Com" hacker circle for a long time and had previously not faced formal charges due to his minor status. He is now over 18 years old, and "the borrowed time may finally be over."
app_icon
ChainCatcher Building the Web3 world with innovations.