Bhutan Moves $37M in Bitcoin to Exchanges, Holdings Down Two-Thirds From Peak
5 Articles
5 Articles
Bitcoin Drops Again as Bhutan Transfers More BTC and US Mulls Sending 10,000 Troops in Iran
Bitcoin’s price slipped once again on Friday morning, dropping to a multi-day low of $67,500 after it was rejected at nearly $69,000 hours ago. This means that the asset has lost approximately $4,500 in just a couple of days, as it peaked at $72,000 on Wednesday. The latest daily dip comes as the Royal Government of Bhutan continues to transfer some of its BTC holdings, likely with the intention of selling. They have made multiple such transfers…
Bhutan Offloads $37M Bitcoin, Records Third Major Transfer This Month
Key Insights Bhutan offloaded $37M Bitcoin in its third large transfer of March. The country’s state-linked wallet now holds 4,453 BTC worth approximately $315 million. Total Bitcoin sales from Bhutan’s sovereign holdings have exceeded $110 million. Bhutan offloaded $37M Bitcoin in its third large transfer of the month. On-chain data from Arkham shows a Bhutan government-linked wallet transferred approximately 519.7 BTC, worth roughly $36.7 mil…
Bhutan Moves $36 Million in Bitcoin as Government Crypto Outflows Top $150 Million in 2026
Bhutan has somehow become one of the most closely watched government bitcoin holders in the world. Now, the Himalayan kingdom is drawing attention again after moving another large batch of coins to external addresses. On-chain data shows that the Royal Government of Bhutan recently transferred about 519 bitcoin, worth roughly $36 million at recent prices, to an exchange-linked address. The move adds to a string of transactions this year that hav…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium



