Is Bhutan Selling Bitcoin? Government Sparks Sell-Off Concerns as BTC Crashes

Bhutan’s government has triggered fresh Bhutan Bitcoin sale speculation after on-chain data showed multiple $BTC transfers. The moves came as Bitcoin dropped about 19% in a week and traded in the mid-$60,000s. However, on-chain records do not confirm an outright sale, since the $BTC moved to unknown wallets rather than a clear exchange address.