🚨 A country is selling BTC, but institutions are buying aggressively.

Latest on-chain data shows:
Bhutan's sovereign fund has significantly reduced holdings of 👇
👉 From 13,000 BTC → 3,954 BTC
👉 Reduced about 70% over 18 months
👉 Mining operations are basically halted
The reason is simple:
⛏️ Mining difficulty at a new high + halving + price volatility
👉 No longer profitable
But on the other side:
🔥 Institutions are continuously increasing their positions
👉 Strategy has added 4,871 BTC
👉 Beautiful National ETF inflows of about 50k BTC in one month
Core signal:
❌ Surface is bearish (the country is selling)
✅ Essentially a transfer of chips (transfer of holdings)
My judgment:
Weak players exit, strong players take over.
BTC is shifting from “mining arbitrage asset”
👉 to “institutional allocation asset”
One sentence:
It’s not who is selling that matters,
It’s who is buying that determines the price. 🚀#btc #ETF #以太坊基金会已出售3750枚ETH $TNSR $CFG $RAVE