Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown
Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.
News Analysis
This analysis is for informational purposes only and does not constitute investment advice
Bhutan’s recent actions regarding Bitcoin (BTC) trading are concerning, as they have not sold any BTC. This could lead to a potential drawdown in the market, with the country’s actions potentially impacting the value of BTC.
