BHUTAN JUST SOLD $6.7 MILLION BTC
Bhutan has been selling Bitcoin every week for the past 3 weeks.




Bhutan’s mining operation was slated to produce up to 600MW of BTC mining power in a partnership with Bitdeer Technologies, but on-chain data shows that their mining speed has slowed since the halving in April 2024.
In addition to this, Bhutan sold at least $100M of their Bitcoin during September, and appears to be continuing its gradual selling activity. Bhutan currently holds $372M BTC in identified wallets.
Track Bhutan’s movements on Arkham:
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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