[Bhutan Transfers Another 100 BTC, Has Sold $230 Million Worth of BTC Since the Beginning of the Year] According to monitoring by Arkham, Bhutan is selling Bitcoin and has just transferred 100 BTC ($8.1 million) from its holding wallet. At the current rate of sales, its BTC holdings will be depleted by the end of September. Since the beginning of the year, Bhutan has sold a total of $230.39 million worth of BTC, with remaining BTC valued at $252 million, selling approximately $50 million per month. If all BTC is sold at the current price, its on-chain profit will reach $767 million.