Two hours ago, a Bhutanese government address transferred out 175 BTC, which may be about to be sold.

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MarsBit
03-09
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According to Mars Finance, on March 9th, Arkham monitoring revealed that the Bhutanese government address transferred $11 million worth of Bitcoin from its hosted address two hours prior. The last similar transaction occurred a month ago when they sold $7 million worth of BTC through QCP Capital. Bhutan regularly sells portions of its Bitcoin in batches ranging from $5 million to $10 million, with a particularly concentrated sell-off period expected in mid-to-late September 2025.

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