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via Decrypt · By Decrypt Editorial

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

BTC

BTC/USDT

$61,790.00

-1.53%

$61,790.00

-1.53%

(24s)

24h Volume

$29,448,369,423.78

24h H/L

$63,239.06 / $59,102.70

Change: $4,136.36 (7.00%)

Long/Short

68.6%

Long: 68.6%Short: 31.4%

Funding Rate

-0.0005%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,754.01

▲ 1.11%

Volume (24h): -

Resistance Levels

Resistance 3$64,719.41

Resistance 2$63,395.60

Resistance 1$61,781.95

Price$61,754.01

Support 1$61,035.43

Support 2$59,102.70

Support 3$52,643.43

Pivot (PP):$61,467.12

Trend:Downtrend

RSI (14):36.3

Decrypt Editorial

(02:38 PM UTC)

1 min read

Reviewed byEmily Watson

1460 views

0 comments

In brief

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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