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Bhutan cash out 367 Bitcoins for $33M, THIS is the reason

AMBCrypto LogoAMBCrypto10h ago

Bhutan cash out 367 Bitcoins for $33M, THIS is the reason - AMBCrypto

Quick Summary:

Bhutan Bitcoin sale nets $33M amid BTC’s record surge, showcasing strategic profit-taking.

Bhutan’s timely sale during Bitcoin’s peak shows a shrewd understanding of market dynamics.

The Royal Government of Bhutan has reportedly sold $33 million worth of Bitcoin [BTC], according to data from Arkham Intelligence.


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Bhutan cash out 367 Bitcoins for $33M, THIS is the reason - AMBCrypto (Picture 1)Bhutan cash out 367 Bitcoins for $33M, THIS is the reason - AMBCrypto (Picture 2)

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 13:30:53 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 473 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23602704

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 28 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

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The story "Bhutan cash out 367 Bitcoins for $33M, THIS is the reason" was covered 10 hours ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 28 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #23602704
  • URL: https://beamstart.com/news/bhutan-cash-out-367-bitcoins-17316775949154

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