Bhutan is frantically selling 70% of its Bitcoin! The national-level "offloading"—can't you see it? Many people are still calling for long-term bullishness, but national players are already taking action. Data shows that since October 2024: Bhutan's Bitcoin holdings have decreased from 13,000 to 3,954 coins, with a total transfer out of approximately $215.7 million. Over the past 18 months, they've sold 70% of their BTC. More importantly, there have been no new mining income records for over a year, and mining has likely been completely halted. This is not just a simple "rebalancing"; it's—completely reducing holdings plus exiting part of the battlefield.