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via Decrypt · By Decrypt Editorial
Bhutan Moves $8.1M in Bitcoin as Sell-Off Continues
BTC
BTC/USDT
$64,783.69
+1.24%
$64,783.69
+1.24%
(24s)24h Volume
$11,693,712,707.40
24h H/L
$65,176.60 / $63,603.92
Change: $1,572.68 (2.47%)
Long/Short
57.4%
Long: 57.4%Short: 42.6%
Funding Rate
+0.0046%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(02:38 PM UTC)
1 min read
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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