According to ChainCatcher citing Arkham data, Bhutan transferred 100 BTC ($8.1 million) from its holdings today. Since the start of 2026, the country has cumulatively sold $230.4 million worth of BTC, with an average monthly sell-off of approximately $50 million. At the current liquidation pace, Bhutan’s remaining BTC holdings will be depleted by the end of September.
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