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Bhutan Accelerates Bitcoin Sell-Off With $17.7M Transfer to Exchanges

Summary by Coin Edition
Bhutan moved 319.7 BTC worth $22.67M, continuing a steady sell-off strategy. Over $215M in BTC has been moved in 2026, with a faster liquidation pace emerging. Broader institutional selling adds pressure, though firms still hold over 1.16M BTC. Bhutan has stepped up its Bitcoin selling activity, moving another 250 BTC worth about $17.73 million to exchanges, according to blockchain analytics platform Arkham Intelligence.  The latest move represe…
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The Crypto Basic broke the news on Thursday, April 9, 2026.
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