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ProofOfVibes

Bhutan DHI’s clarification came at just the right time—$1 billion outflow ≠ selling pressure. When reading on-chain data, still be cautious; don’t let FUD get you led by the nose.

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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 flow out. DHI CEO Ujjwal Deep Dahal stated that he does not recall any recent Bitcoin sales activity. A source close to the related trading company also said that no sales have occurred recently. (Source: MLion)
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