Is Bhutan Selling Bitcoin? Government Sparks Sell-Off Concerns as BTC Crashes

Bhutan’s government has triggered fresh Bhutan Bitcoin sale speculation after on-chain data showed multiple BTC transfers. The moves came as Bitcoin dropped about 19% in a week and traded in the mid-$60,000s. However, on-chain records do not confirm an outright sale, since the BTC moved to unknown wallets rather than a clear exchange address. Bhutan

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