Bhutan Sends 533 BTC to Binance as Price Slips Below $65K

On June 18, Bhutan-linked wallets transferred 533 BTC worth $34.5 million to Binance in multiple batches, with the largest at 227.194 BTC. The move reduces the country’s tagged holdings to 1,749.96 BTC, down sharply from a 13,000 BTC peak in October 2024 and following more than $230 million in cumulative outflows since the start of 2026. Bitcoin traded at $64,228.89, down nearly 2% on the day amid $82.2 million in ETF outflows, though the size remains modest relative to daily volume and may reflect routine treasury management rather than aggressive selling.