Bhutan Moves $8.1M in Bitcoin as Sell-Off Continues

BTC

BTC/USDT

$84,756.00

+1.53%

$84,756.00

+1.53%

(24s)

24h Volume

$18,984,594,135.17

24h H/L

$84,942.45 / $83,346.66

Change: $1,595.79 (1.91%)

Long/Short

56.8%

Long: 56.8%Short: 43.2%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,644.26

▲ 0.28%

Volume (24h): -

Resistance Levels

Resistance 3$99,648.20

Resistance 2$94,549.91

Resistance 1$85,369.74

Price$84,644.26

Support 1$84,364.01

Support 2$81,859.10

Support 3$77,001.87

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):66.0

Decrypt Editorial

(02:38 PM UTC)

1 min read

Bhutan moved 100 BTC ($8.1 million) out of holding wallets on Tuesday, per Arkham Intelligence data.
The sovereign fund has sold $230 ,million in Bitcoin since January, drawing reserves down 70% from their late-2024 peak.
Analysts say the steady sell-down reflects a "hold and optimize" sovereign treasury strategy.

Bhutan has quietly offloaded another slice of its Bitcoin holdings…