Bhutan Sells 9180 BTC at $98067 Average
Bhutan offloaded 9180 BTC for $900M over 11 months via OKX, retaining 3021 coins worth $234M at current $77311 levels.
SourceAnalysis
Bhutan government sold 9,180 BTC ($900 million) over the past 11 months at an average $98,067 through OKX, reducing holdings from a 12,200 BTC peak after mining halted in early 2025.
Current reserves stand at 3,021 BTC valued at $234 million.
Bitcoin sits at $77,311.13 inside the Bollinger band with EMA50 at $77,249.64 acting as concrete support in the bullish EMA structure while the MACD golden cross at 59.47 points to continuation, though neutral RSI at 54.87 suggests limited immediate momentum before any test of upper band resistance at $78,208.17; this setup informs near-term BTC price prediction models focused on macro flows from sovereign sellers.
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@EmberCNAnalyst about On-chain Analysis