A Bhutan government-linked address transferred 533.2 BTC to a CEX (centralized exchange) on June 17. According to BlockBeats On-chain Detection, the transfer occurred about 15 minutes before the monitoring report.
Since June last year, the same address has gradually sold about 10,451 BTC over roughly one year, with total proceeds of about $979 million and an average selling price of about $93,738 per BTC.
The Bhutan government-linked address still holds about 1,750 BTC, valued at about $113 million.
Bhutan Government-Linked Wallet Transfers 533.2 BTC to a Centralized Exchange
2026-06-17 12:34:12
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