不丹的比特币财政部在去年下降了46％

根据区块链数据聚合器Arkham Intelligence的说法，不丹比特币持有量的急剧下降可以追溯到国家。

According to blockchain data aggregator Arkham Intelligence, a steep fall in Bhutan’s Bitcoin holdings can be traced to the nation. Market analyst Pledditor tweeted that the Himalayan nation may have cut its treasury by 46 percent over the last year. This estimate relies completely upon the unverified fact of Arkham’s wallet tagging and limited disclosures.

根据区块链数据聚合器Arkham Intelligence的说法，不丹比特币持有量的急剧下降可以追溯到国家。市场分析师Pledditor在推特上说，喜马拉雅国家可能在去年将其财政部削减了46％。该估计完全取决于阿卡姆（Arkham）的钱包标签和有限的披露的未经证实的事实。

Bhutan was first identified as one of the wallets marked for seizure by Arkham after the country was listed in bankruptcy filings for both BlockFi and Celsius. Through the exposure, there were certain wallet addresses that Arkham now tracks, some of which these labels are questionable. These figures are speculative as Bhutanese authorities have not received official confirmation.

在该国在Blockfi和Celsius的破产文件中列出了该国，不丹首先被确定为Arkham扣押的钱包之一。通过曝光，Arkham现在有一些钱包地址，其中一些标签值得怀疑。这些数字是投机性的，因为不丹当局尚未收到官方确认。

Longtime crypto advocate Yves Bennaïm, founder of 2B4CH, also criticized the on-chain assumptions. Bhutan has been conducting large Bitcoin mining since 2019, he noted. Bennaïm, however, cautioned that dropping tracked wallet numbers doesn’t mean national reserves are running dry when mining infrastructure is still expanding.

2B4CH的创始人YvesBennaïm的长期加密倡导者也批评了链上的假设。他指出，自2019年以来，不丹一直在进行大型比特币采矿。但是，贝纳姆（Bennaïm）警告说，掉落的钱包数字并不意味着当采矿基础设施仍在扩大时，国家储量正在干燥。

He likened Bhutan’s count of visible addresses to those of major miners such as Marathon or Riot, adding that most operations don’t share such wallet-level data. Bennaïm also pointed to Bhutan’s energy strategy, which directs surplus hydroelectric-derived summer power into mining Bitcoin and liquidating it to cover winter energy imports from India.

他将不丹的可见地址计数比作马拉松或骚乱等主要矿工的地址，并补充说，大多数业务没有共享此类钱包级别的数据。 Bennaïm还指出了不丹的能源战略，该战略将剩余水力发电衍生的夏季力量引导到采矿比特币，并清算其以覆盖从印度进口的冬季能源。

As the blockchain sleuths debate the numbers, worries are mounting over the opacity with which Bhutan manages its crypto. According to Pledditor, since Bitcoin is now a large source of income for governments, more transparency about the numbers is required.

当区块链侦探辩论数字时，不丹管理其加密货币的不透明性越来越担心。根据Pledditor的说法，由于比特币现在是政府的大量收入来源，因此需要对数字进行更多的透明度。

With outside observers relying on fragmented data and bankruptcy fallout, they have no official wallet disclosures or mining revenue statements. Arkham’s critics even agree that Bhutan’s use of Bitcoin is worthy of public accountability. If Bitcoin remains a significant national asset, the lack of financial clarity could become a policy risk.

由于外部观察者依靠零散的数据和破产后果，他们没有正式的钱包披露或采矿收入报表。阿卡姆（Arkham）的批评者甚至同意，不丹对比特币的使用值得公开责任。如果比特币仍然是一项重要的国家资产，那么缺乏财务明确性可能会成为政策风险。