🚨🚨🚨$BTC 🇧🇹Bhutan has transferred $22.4M of Bitcoin out of their wallets in the past week to sell. Their transfer 5 days ago was sent directly to the labeled addresses of market maker QCP Capital.
From our observations, Bhutan periodically sells BTC in clips of around $50M, with a particularly heavy period of selling around mid-late September 2025.
