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

BTC

BTC/USDT

$76,524.02

+10.03%

$76,524.02

+10.03%

(24s)

24h Volume

$43,174,176,580.06

24h H/L

$76,916.95 / $69,537.97

Change: $7,378.98 (10.61%)

Long/Short

51.6%

Long: 51.6%Short: 48.4%

Funding Rate

+0.0054%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$75,352.59

▲ 3.18%

Volume (24h): -

Resistance Levels

Resistance 3$78,568.57

Resistance 2$76,859.07

Resistance 1$75,785.82

Price$75,352.59

Support 1$73,884.38

Support 2$72,752.83

Support 3$70,151.58

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):83.3

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…