Overview
- Arkham Intelligence and Onchain Lens verified the Nov. 27, 10:30:35 UTC transaction from wallets attributed to Druk Holding and Investments.
- The stake was executed through institutional provider Figment.io, indicating professional validator operations.
- It was Bhutan’s first significant Ethereum move since a 570 ETH transfer to Binance in May 2025.
- Post‑transaction balances show about 336 ETH held in state‑linked wallets, valued near $1.0 million.
- Government sources say the National Digital Identity is migrating from Polygon to Ethereum with completion targeted by early 2026, while Bitcoin remains the main reserve at 6,154 BTC.