Data: Bhutan government transferred 175 BTC 2 hours ago

According to Arkham monitoring, the Bhutanese government transferred $11 million worth of Bitcoin from its hosted address 2 hours ago.

The last such operation occurred a month ago, when they sold $7 million worth of BTC through QCP Capital.

Bhutan regularly sells portions of Bitcoin in batches ranging from $5 million to $10 million, with a particularly intense selling period expected in mid to late September 2025.