Kingdom of Bhutan signals dumping more Bitcoin
Bitcoin
The Royal Government of Bhutan has transferred another batch of Bitcoin (BTC), signaling possible selling as the asset continues to witness capital outflows. On-chain analytics show the move involved roughly 375 Bitcoin, valued at approximately $25.19 million at the time of the transfer. The amount was moved to an intermediary wallet previously linked to outflows toward Galaxy Digital, according to on-chain data retrieved from Arkham on March 31
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