bután

The Kingdom of Bhutan keeps cashing in its Bitcoin reserves

The Bhutanese government transferred 738 bitcoins, valued at approximately $44.88 million, on June 6th. This new move extends a series of sell-offs that have been ongoing for several months and have extensively depleted the state's crypto reserves in the Himalayan kingdom. Will this trend continue until the real stock is completely exhausted?

The Bhutanese government transferred 738 bitcoins, valued at approximately $44.88 million, on June 6th. This new move extends a series of sell-offs that have been ongoing for several months and have extensively depleted the state's crypto reserves in the Himalayan kingdom. Will this trend continue until the real stock is completely exhausted?

Bhutan stands out among sovereign holders because it never bought BTC on the open market. The state relied on its abundant hydroelectric resources to mine Bitcoin directly, allowing it to accumulate significant positions without spending capital.

This model had positioned the kingdom as one of the best-placed states in the asset. Now, the dynamics are reversing.

On-chain observers note a sequence of transfers since 2026: 375 BTC in one operation, then a return to 4,452 BTC after a $36 million move, and now these additional 738 BTC.

Additionally, DHI generated confusion by denying any sales despite wallets showing a net decrease.

On-chain observers note a sequence of transfers since 2026: 375 BTC in one operation, then a return to 4,452 BTC after a $36 million move, and now these additional 738 BTC.

$BULLA
$BTC
$CAKE
#Bután

🕵️‍♂️ The Real Government of Bhutan has transferred 738 $BTC, valued at 45 million dollars, to a newly created wallet. <a>...</a>

🚀 Stablecoins need confidential channels for their adoption by businesses.

Hathor Network claims that the next phase of growth for stablecoins will require infrastructure that preserves privacy with selective disclosure for regulatory compliance. <a>regulation</a>

😱 Arthur Hayes predicted the rise of ZEC, NEAR, and WLD.

He sold near the peak, then revealed his exit and turned bearish.

$ZEC , $NEAR , and $WLD have now returned to the levels they were at before his predictions.

🕵️‍♂️ Is Joseph Lubin, co-founder of Ethereum, gearing up for a massive ETH dump?

A wallet linked to Joseph Lubin, containing 243,300 ETH (370 million dollars), transferred 80,001 ETH (121.6 million dollars) after more than three years of inactivity. <a>...</a>

#ballenas #Bután #Inversiones #Seguridad #billetera

▶️Bitcoin Update:

- Today's drop was primarily a futures maneuver to create volatility; there's no strong selling pressure from SPOT.
- In fact, there's a clear divergence with SPOT buying and FUTURES selling, resulting in negative funding.
- Both long-term and short-term, there are way more protections below than above.

IMHO:
I'm in a long position on ETH since $2,280 and Bitcoin since $76,300. This morning, it looked like the positions were doing great, then it pulled back, but I still have faith in them. We could be a lot worse off, and we're not.

▶️BREAKING: Legendary investor Paul Tudor Jones says, "Bitcoin is, without a doubt, the best hedge against inflation. More than gold because Bitcoin is finite."

▶️Bhutan is offloading Bitcoin.

Bhutan just moved another 100 BTC ($7.83M) out of their holding wallets.

At this rate, they will have sold all their BTC by October this year.

$BTC #BTC #TrendingTopic #bitcoin #Bután #TradingCommunity @Cointelegraph @CoinDesk @CoinMarketCap @Bitcoin.com @Bitcoin