According to @lookonchain, a wallet attributed to the Royal Government of Bhutan via Arkham Intelligence’s Druk Holding & Investments label transferred 108.8 BTC worth about $12.06M on Oct 20, 2025. According to @lookonchain citing Arkham Intelligence, the address still holds 6,262 BTC valued near $694M. Based on the figures reported by @lookonchain from Arkham Intelligence, the 108.8 BTC moved equals roughly 1.7% of the reported BTC reserves. The alert did not specify the destination of the funds, according to @lookonchain.