According to Spot On Chain, the Royal Government of Bhutan has recently transferred 402 Bitcoin, valued at approximately $39.56 million, to QCP Capital. This transaction occurred within the last 35 minutes. Since the increase in Bitcoin prices in late October, Bhutan has sold a total of 1,696 BTC, amounting to $139 million, at an average price of $81,999. These sales were executed through Binance and QCP Capital.