According to Arkham monitoring, an address estimated to belong to the Bhutanese government recently moved 90 BTC (approximately $7 million) to a SegWit address. The market is paying attention to the possibility of transfer to a separate institution or sale. On-chain data shows that Bhutan has cumulatively moved approximately $237 million worth of BTC to SegWit addresses this year, and the current amount of BTC it holds is estimated at around $233 million.