In a step that was caught with many surprises, the royal government of Bhutan sold bitcoins of about 60 million dollars in just four days. According to the data of the Arkham Intelligence of Chen, the country transferred 512.84 BTC between July 10 and July 14. This carriage represents a small slices of its overall stand, but it still adds up to a heavy amount.
Take strategic advantage
Based on the reports associated with its sovereign investment branch, the Bhutan wallet sent six separate bitcoin transfer during that period.
A single transfer 208.56 BTC – approximately $ 23.18 million went – while the other included 100 BTC, 99 BTC and Chhoti Vyandu. According to Lukanchen data, those sales are $ 59.47 million. It seems that the government gave time to its sales to mix bitcoin push to new heights.
Royal government of #Bhutan It is increasing its speed $ BTC Sales!
In the last 4 days, #Bhutan 512.84 sold $ BTC($ 59.47m) – Selling every day.
They still hold 11,411 $ BTC, pic.twitter.com/b3cqy0ryk8
– Lukanchain July 14, 2025
Strong balance holdings
Despite those outflows, Bhutan has not given up on Crypto. It still holds 11,411 BTC, which is about $ 1.4 billion at current prices.
According to Arakham’s tracking dashboard, the country’s crypto Treasury had increased from $ 1.29 billion to $ 1.37 billion till 14 July last week – jumping $ 73.33 million in just seven days.
A portion of that advantage came from 12.4% intra raek week bitcoin price increase, with the coin from $ 108,000 to $ 122,000.
BTCUSD trading at $121,235 on the 24-hour chart: TradingView
Price profit between Ath Balance Standy
The government’s atherium pile is at 656 eth, which is priced at $ 1.93 million today. While the amount of Eth has not changed in the last week, the price of that holding has been increased by increasing the Eth price by 18%.
The news of this has talked about that small changes in a large portfolio can still move the needle when the markets run hot.
Image: Pngtree
Earlier trick reference
According to reports, Bhutan’s wallet holdings increased from $ 1.26 billion to $ 1.30 billion between July 3 and July 10 – even after transferring 213 BTC (close to $ 24 million) to Benance.
Those figures suggest that the government is actively managing its crypto stand, trimming the exposure when the prices increase, but are staring at the market rally.
Market status and instability
Bitcoin consolidated between $ 105,000 and $ 108,000 before the explosion before $ 121,000 on 13 July. On the same day, Bhutan stored $ 23 million.
Around that time, the US slaps new 30% tariffs on the European Union and Mexico- in ways that may hurt the risk property in previous cycles. Nevertheless, Bitcoin stopped the news and reached $ 122,400 on the coinbase.
Special displayed image from luxury travel magazine, chart from tradingview
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