DHI has come out to prove itself; 1 billion flowing out does not equal selling off. The pitfalls of on-chain data interpretation are deeper than you think. Be more cautious, everyone.

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MeNews
Bhutan Wealth Fund Denies Selling Bitcoin
ME News Report, May 16 (UTC+8), Bhutan's Sovereign Wealth Fund (DHI) denied rumors of a large-scale Bitcoin sell-off. According to reports, Arkham data shows that over the past year, related wallets have seen more than $1 billion worth of Bitcoin outflows. DHI CEO Ujjwal Deep Dahal stated that he does not recall any recent Bitcoin sales. A source close to the relevant trading company also said that no sales have occurred recently. (Source: MLion)
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