๐จ๐จ *14,180 ETH (50.9M) Transferred to Liquid Staking Platform* ๐๐
An *unknown wallet* just moved *14,180 ETH* โ worth over *50.9 million* โ to a *liquid staking platform* like Lido, Rocket Pool, or similar ๐
๐ง *What this means:*
- Instead of selling, the whale is *locking ETH to earn staking rewards* while maintaining liquidity (receiving stETH, rETH, etc.)
- This move is *bullish* โ theyโre betting on long-term ETH appreciation ๐๐
- Shows growing trust in *Ethereumโs staking ecosystem* and belief in price stability or upside ๐
๐ *Why it matters:*
- Less ETH on exchanges = *lower selling pressure*
- Staked ETH = *reduced circulating supply* โ potential *price squeeze*
- Institutional and whale staking = *maturing ETH market*
๐ *Short-Term Impact:*
- Neutral to bullish bias
- Could support ETHโs climb toward *3,500+* if this trend continues
๐ *Price Targets:*
- TP1:3,780
- TP2: 3,850
- TP3:3,900
- SL: $2,950
๐ฅ This kind of on-chain activity usually signals *strong conviction* โ whales are preparing for the next leg up!