Bhutan Transfers Another 100 BTC, Selling $230 Million Worth of BTC Since the Start of the Year
2026-05-12 07:52
Odaily Planet Daily reports According to Arkham monitoring, Bhutan has once again transferred 100 BTC, worth approximately $8.1 million, from its holding wallet.
Data shows that since the beginning of 2026, Bhutan has sold approximately $230.39 million worth of BTC. The remaining BTC is valued at around $252 million, with an average monthly sale volume of about $50 million. Arkham stated that if sales continue at the current pace, its BTC holdings could be depleted by the end of September.
Furthermore, if Bhutan completes the sale of all its BTC at the current price, the on-chain cumulative profit from its BTC holdings would reach approximately $767 million.
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