The TIC report indicated that Russia indeed dumped a record $26 billion in January, equal to 20% of all of its holdings, bringing its post-March total to just over $100 billion.
Clearly, the Belgium Bulge indicates a late stage of collapse. The game is fast changing, using big hidden channels in the monetary war.
History might be repeating itself with a financial war-front Battle of the Belgium Bulge, a pincer movement to capture Western gold and form the Anti-USD Central Bank.
The Belgium Bulge means a big Sovereign Type Entity is in the Game, who refuses to take losses but instead continues to post collateral with a goal toward taking Gold Delivery.