The Royal Government of Bhutan deposits 367.26 BTC, worth $33.51M, into Binance; are they dumping?

1 min read

5 months ago bitnews

Arkham’s on-chain data revealed that the Royal Government of Bhutan (Druk Holdings) deposited 367.26 BTC worth $33.51M into Binance two hours ago. The data showed that the Bhutanese government had transferred 6.954 BTC worth 634.53K to a wallet: T5CvdRzkeyi1Vj only an hour before the Binance deposit. However, the BTC was still unspent.