One of the Biggest Bitcoin (BTC) Sellers This Year Is a Tiny Asian Country

One of the biggest bitcoin (BTC) sellers this year is a tiny Asian country

Bhutan moves another 500 bitcoin to exchanges as 2026 outflows top $150 million

'Mixed signals' for Bitcoin after Bhutan sells, BlackRock buys big

Under its steady prices, Bitcoin’s structure has strengthened, with accumulation trends pointing towards a possible breakout phase...

Bhutan Offloads $37M in Bitcoin as Sovereign Selling Accelerates

Bhutan transferred $37 million in Bitcoin through OTC desks, reducing market impact significantly. Bhutan’s Bitcoin holdings dropped to 4,453 BTC after steady sovereign selling activity. State-backed mining strategy allows Bhutan to sell Bitcoin without realizing major losses. Bhutan has moved roughly $37 million in Bitcoin, signaling continued sovereign selling. On-chain data shows transfers to institutional trading desks, suggesting structured…

Bhutan Shifts $36.7M in BTC to Wallets Linked to QCP Capital

Arkham data reveals that this Wednesday, the Bhutanese government has once again moved a significant amount of Bitcoin from its state holdings. The wallet linked to the Asian nation transferred approximately 519.7 BTC, with an estimated value of $36.7 million, to two separate addresses. This movement, detected by Onchain Lens, directed a portion of the funds to a wallet linked to the trading firm QCP Capital, marking the third high-volume transf…

Bhutan Extends Bitcoin Outflows as Thailand Signals Growing Crypto Ambitions

Key Takeaways: Bhutan transferred roughly $36.7 million in Bitcoin, continuing a series of March outflows. Sovereign holdings have declined significantly from over 13,000 BTC in late 2024. Thailand-listed DV8 plans to build a 10,000 BTC portfolio by 2028, signaling corporate accumulation. Bitcoin mining, reserves and custody infrastructure remain central to long-term crypto strategies. Bhutan Extends Bitcoin Outflows in March Bhutan moved addit…

Bhutan cuts Bitcoin holdings again in March with fresh transfers

Bhutan cuts Bitcoin holdings again in March with fresh transfers