Bhutan Transfers $34.5 Million in Bitcoin to Binance

Bhutan has recently transferred 533 Bitcoin (BTC), valued at $34.5 million, to the cryptocurrency exchange Binance. This transaction has notably reduced the nation's state-linked Bitcoin holdings. Following the transfer, these wallets now hold approximately 1,749.96 BTC, according to data from Arkham.

By Fainaron·Jun 17, 2026 (4 hours ago)·1 views

Bhutan Transfers $34.5 Million in Bitcoin to Binance

Bhutan has executed a transfer of 533 Bitcoin (BTC) to the cryptocurrency platform Binance. The value of this specific Bitcoin transfer amounted to $34.5 million.

This movement of funds has impacted the total Bitcoin reserves held in wallets associated with the state. Post-transaction, the holdings within these state-linked wallets have decreased to 1,749.96 BTC.

The details of this transfer and the subsequent change in holdings were identified and reported based on data provided by Arkham.

According to The Block Crypto, this information highlights a significant cryptocurrency transaction by Bhutan.

#bhutan #bitcoin #binance #cryptocurrency #btc transfer #arkham data

Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by The Block Crypto. Read the original at The Block Crypto →

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Bhutan Transfers $34.5 Million in Bitcoin to Binance

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