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Bhutan Government Moves $66 Million Of Bitcoin Stockpile To Binance: Is A Sell-Off Imminent?

  • The Royal Government of Bhutan has moved $66 million worth of Bitcoin to Binance, triggering speculation of a potential sell-off.
  • The government transferred approximately 929 BTC to a Binance deposit address.
  • This move follows a previous deposit of 381 BTC to Kraken, indicating a potential selling strategy.
  • Bhutan still holds 12,456 BTC, making it the fifth-largest known nation-state Bitcoin holder.

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