0xkyle__
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Bhutan just dumped $18.46M in BTC over the last 24 hours.
But here's the kicker: they're still sitting on $264M worth.
This isn't panic selling—it's strategic unloading. Small country, massive BTC reserves from mining ops. They've been quietly stacking and now rotating into liquidity.
Watch the order books. If they keep drip-feeding sells, we could see sustained pressure on BTC in the short term. But $264M left means they're not done yet.
Bhutan's becoming a lowkey state-level player in crypto. Don't sleep on sovereign whale moves.
But here's the kicker: they're still sitting on $264M worth.
This isn't panic selling—it's strategic unloading. Small country, massive BTC reserves from mining ops. They've been quietly stacking and now rotating into liquidity.
Watch the order books. If they keep drip-feeding sells, we could see sustained pressure on BTC in the short term. But $264M left means they're not done yet.
Bhutan's becoming a lowkey state-level player in crypto. Don't sleep on sovereign whale moves.
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