Bhutan's Sovereign Wealth Fund Further Reduces Holdings by 26,535 ETH in the Last 24 Hours

BlockBeats News, February 2nd, on-chain data shows that an address associated with Bhutan's sovereign wealth fund, Druk Holdings, has further reduced its ETH holdings by 26,535 ETH in the past 24 hours.

At the time of writing, this address has an Aave health factor of 1.17, currently holds 51,710.6793 stETH, and still has a debt of 79.75 million USDT.

On January 20th, an address linked to Bhutan's sovereign wealth fund, Druk Holdings, opened a leveraged long position on ETH. At its highest, the leveraged position held approximately 117,000 ETH, valued at around $459 million.