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Bhutan Bitcoin Transfer Sparks Selloff Talk as BTC Tops $62K

Summary by Blockonomi
TLDR; Bhutan Bitcoin Transfer activity moved 700 BTC worth about $43.75 million to Binance, drawing attention as Bitcoin traded above $62,000. Bhutan-linked wallets still reportedly hold around 1,750 BTC after the latest transfer, keeping the country among watched sovereign crypto holders. A Binance deposit does not always confirm a sale, as large holders may use exchanges for OTC deals, liquidity, or treasury operations. Bitcoin’s move above $…
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Blockonomi broke the news on Saturday, July 4, 2026.
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