The Bhutan government transferred 799.7 BTC (worth $92.06 million) to two new addresses, as reported by on-chain lens. It also explained that "this amount is likely to be deposited into Binance". The Bhutan government is believed to be continuously selling BTC, and in July, it also deposited a total of 650 BTC into Binance.
The Bhutanese government is selling an additional $92.06 million in Bitcoin.
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