A government-related address of the Kingdom of Bhutan has withdrawn 533 BTC from Binance, worth $33.4 million.

Odaily reported that, according to Onchain Lens monitoring, an address withdrew 533 BTC from Binance, worth $33.4 million. The address belongs to a newly created wallet, and its funding source matches a deposit made by the Bhutanese government two days ago. It is suspected to be owned by the Royal Government of Bhutan, though this has not yet been verified.