May 16, 2025

Bhutan Moves $66 Million in Bitcoin to Exchange—Is a Sell-Off Coming?

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The post Bhutan Moves $66 Million in Bitcoin to Exchange—Is a Sell-Off Coming? appeared first on Coinpedia Fintech News Bhutan’s government has just made a huge Bitcoin move, transferring 929 BTC worth over $66 million to Binance, a leading crypto exchange. Many in the crypto world see this move as possible profit-taking, especially since Bitcoin just reached $73,000, its highest since March. This raises questions: Could Bhutan’s transfer lead to a major sell-off? Will …

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