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Bhutan has sold over $92 million worth of Bitcoin during the recent market downturn, according to blockchain analysis. The Royal Government remains one of the largest national holders of BTC despite the sale.
- Bhutan sold 799.69 BTC ($92M) during market volatility, likely via Binance.
- The country remains the fifth-largest national Bitcoin holder with ~9,969 BTC ($1.15B).
- Bitcoin retraced 7% from its ATH of $124,167 at the time of the sale.
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