Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown
CoinDesk·
60-second summary
Bhutan is disputing a $1 billion bitcoin drawdown, claiming it has not sold any, despite Arkham Intelligence data showing over $1 billion in bitcoin leaving wallets attributed to the country in the past year, flowing to exchanges and trading firms, sparking confusion and raising questions about the true source of the massive sell-off and its impact on global cryptocurrency markets.
Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.