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⛓️ Crypto NeutralImportance 5/10

Bhutan moves nearly $12 million in bitcoin as 2026 outflows pile up

The Block|RT Watson|
Bhutan moves nearly $12 million in bitcoin as 2026 outflows pile up
Image via The Block
🤖AI Summary

Bhutan has moved nearly $12 million in bitcoin as part of ongoing 2026 outflows. This movement is significantly smaller compared to Bhutan's $60 million bitcoin transfer over four days in July 2024.

Key Takeaways
  • Bhutan moved approximately $12 million worth of bitcoin in recent transactions.
  • The current bitcoin movements are part of larger 2026 outflows being tracked.
  • These recent moves are much smaller than Bhutan's $60+ million bitcoin transfer in July 2024.
  • Bhutan continues to be active in managing its bitcoin holdings with periodic large transfers.
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