The Kingdom of Bhutan has transferred 533.2 BTC to Binance, equivalent to $34.52 million.

BlockBeats News, June 17th — According to on-chain analyst Chainalysis, 15 minutes ago, the government-related address of the Kingdom of Bhutan transferred 533.2 BTC to Binance, worth approximately $34.52 million.

Since June of last year, the address has sold a total of about 10,451 BTC over the course of a year, cashing out a total of approximately $979 million, with an average selling price of around $93,738.

Currently, the government-related address of the Kingdom of Bhutan still holds about 1750 BTC, worth around $113 million.