Royal Government of Bhutan Address Transfers 533.2 BTC to Binance

According to Odaily, on-chain analyst Ember Monitoring reports that 15 minutes ago, an address belonging to the Royal Government of Bhutan transferred 533.2 BTC ($34.52 million) to Binance. Since June last year, they appear to have gradually sold approximately 10,451 BTC over the course of a year, cashing out $979 million at an average price of $93,738. They still hold about 1,750 BTC ($113 million).