Bhutan transfers 100 BTC, total BTC sales reach $230M since 2026

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Bhutan transferred 100 BTC, valued at approximately $8.1 million, from its holding wallet. Since 2026, the country has sold BTC worth $230.39 million, with $252 million worth remaining. At an average monthly sale of $50 million, Bhutan’s BTC holdings could be depleted by late September. If sold at the current BTC price, the on-chain profit would reach $767 million. BTC dominance remains stable despite ongoing sales.

Odaily Planet Daily reports, according to Arkham monitoring, Bhutan has again transferred 100 BTC from its holding wallet, valued at approximately $8.1 million.

Data shows that since early 2026, Bhutan has cumulatively sold approximately $230.39 million worth of BTC, with its remaining BTC holdings valued at around $252 million, averaging monthly sales of about $50 million. Arkham states that if sales continue at the current pace, Bhutan’s BTC holdings could be exhausted by the end of September.

In addition, if all BTC holdings related to Bhutan were sold at the current BTC price, the on-chain cumulative profit would reach approximately $767 million.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.