Bhutan Continues Bitcoin Sell-Off with $37M Transfer to Binance

Bhutan is selling Bitcoin again. The Royal Government transferred 519.7 BTC worth roughly $36.75 million to a Binance deposit address Wednesday. The move comes from Druk Holding and Investments, the nation’s sovereign wealth fund, and follows a consistent pattern of outflows that has been running for months.The remaining stack now sits at 4,453 BTC. That is a sharp drop from a peak of over 13,000 BTC. More than…