Following a massive $20 billion cryptocurrency liquidation in October, Bhutan recently moved $13 million worth of Bitcoin into a new wallet. This raises the question: could this be a sign of the nation preparing to sell Bitcoin again, like it did previously? analysts are divided on the future direction of the market. The crypto market remains unclear following the recent massive downturn, and many believe that investors are shifting away from high-risk assets such as Bitcoin. However, some experts predict renewed bullishness in the near future, while others remain cautious due to a potential shift towards gold and silver investments. The country’s recent actions have sparked speculation about whether Bhutan is preparing to sell its Bitcoin holdings again. 1 This follows similar moves by Bhutan, which sold $109 million worth of Bitcoin in September and $59 million worth of Bitcoin in August before transferring it to Cobo/Binance. Whether this latest move signals an upcoming sale or simply a strategic diversification strategy remains to be seen.