Bhutan Government has transferred 175 BTC 2 hours ago, potentially for selling.

BlockBeats News, March 9th, according to Arkham monitoring, the Bhutanese government address transferred $11 million worth of Bitcoin from its treasury address 2 hours ago.

The last such operation occurred a month ago when they sold $7 million worth of BTC through QCP Capital.

Bhutan regularly sells portions of Bitcoin in the range of $5 million to $10 million, with a particularly intense selling period in late September 2025.