Bhutan's sovereign wealth fund, Druk Holding and Investments (DHI), has refuted claims of a significant Bitcoin sell-off. Reports citing Arkham data suggested that over $1 billion in Bitcoin had flowed from wallets associated with Bhutan to exchanges and trading firms over the past year, leading to speculation of a large-scale sell-off. However, DHI CEO Ujjwal Deep Dahal stated there have been no recent Bitcoin sales. A source from a trading firm receiving funds from these wallets also confirmed no recent sales have occurred.
Bhutan's Sovereign Wealth Fund Denies Bitcoin Sell-Off Rumors
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