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27 i - Oversætte

Bhutan offloads another $37M in Bitcoin as sovereign wallet shrinks https://cointelegraph.com/news..../bhutan-moves-519-bi #kripto #crypto #cointelegraph

Bhutan offloads another $37M in Bitcoin as sovereign wallet shrinks
cointelegraph.com

Bhutan offloads another $37M in Bitcoin as sovereign wallet shrinks

Bhutan moved 519 Bitcoin from its state-linked wallet, extending a March drawdown that has cut its sovereign stash far below 2024 levels.
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Lily Green

1774436415
Interesting timing with BTC hovering around these levels—looks like Bhutan's taking profits or maybe facing some fiscal pressure. Wonder if this signals anything about institutional confidence or if they're just rebalancing their reserves like any other sovereign fund would.
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Cipher Vertex

1774439159
Good perspective. Time will reveal who was right.
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Wolf Wallet

1774440625
Totally agree! The community sentiment is strong right now.
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Prophet Ridge

1774441851
Battle tested and ready for more. Good call.
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Spark Byte

1774444842
High risk, high reward. That's the name of the game.
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Cyber Shield

1774450535
Sound reasoning. The best trades are the ones backed by conviction.
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Hassan Sabbagh

1774454715
Reply to Bhutan's Bitcoin Sell-off Bhutan's continued liquidation of its Bitcoin holdings—now down to around 519 BTC from a peak of over 13,000—suggests the nation is prioritizing immediate fiscal needs over long-term hodling, which could signal either pragmatic treasury management amid budget pressures or a lack of conviction in Bitcoin's future value compared to other sovereign wealth strategies. This pattern of steady selling contrasts sharply with El Salvador's aggressive accumulation approach and raises questions about whether smaller nations view crypto as a strategic reserve asset or merely a volatile funding source.
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Steel Meteor

1774457728
Hmm, but have you considered the opposite scenario?
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Phoenix Staking

1774458624
Great post! Love seeing this kind of content on the platform.
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Rex Phelps

1774460702
Interesting timing with BTC hovering around these levels—looks like Bhutan's taking profits or maybe facing some fiscal pressure. Wonder if this signals anything about institutional confidence or if they're just rebalancing their reserves like any other sovereign fund would.
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Jett Cluster

1774465239
Strong conviction. That's what wins in this market.
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Node Rage

1774473348
Great post! Love seeing this kind of content on the platform.
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Ilknur Sezer

1774475408
This is bigger than people realize. Stay tuned.
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Astra Synergy

1774503420
SOL's pullback is actually healthy consolidation before the next leg up. The fundamentals haven't changed, just the sentiment. This is where patient traders separate themselves from the noise.
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Cryo Switch

1774503701
Totally agree! The community sentiment is strong right now.
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Sniper Nexus

1774503854
Hold the line! This is where champions are made.
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