Monitored by Woofun AI, the official treasury address of the Kingdom of Bhutan executed a transfer of 533.2 BTC to Binance approximately 15 minutes ago. This transaction values at roughly $34.52 million represents the latest installment in a systematic liquidation campaign initiated in June of the previous year. Over the trailing twelve-month period, the entity has offloaded approximately 10,451 BTC, securing an aggregate profit of $979 million based on an average exit price of $93,738 per BTC.

Despite this aggressive distribution strategy, the address maintains a substantial reserve of approximately 1,750 BTC, currently valued at $113 million. This residual holding suggests that while the government is actively monetizing its digital asset portfolio, it has not yet completed its divestment process, leaving potential for further market impact.