Bhutan Sells $8.1M in Bitcoin as Sovereign Sell-Off Continues

TLDR Bhutan transferred 100 BTC worth $8.1 million as part of its ongoing Bitcoin sales. The country has sold about $230.39 million in Bitcoin since the start of the year. Bhutan now holds roughly 3,100 BTC valued at around $252 million. Arkham Intelligence said Bhutan continues to offload nearly $50 million in Bitcoin each month. [...]

The post Bhutan Sells $8.1M in Bitcoin as Sovereign Sell-Off Continues appeared first on Blockonomi.