A whale has withdrawn 2,009 $ETH, valued at $8.53 million, from Binance for staking, adding to a two-month spree totaling 10,999 $ETH ($46.69 million) moved to EigenLayer and ETH 2.0

With Ethereum trading around $4,245, the whale’s staked $ETH has yielded a hefty $13.53 million profit, likely from staking rewards and price appreciation. This move aligns with rising institutional interest in Ethereum’s proof-of-stake ecosystem, boosted by the upcoming Fusaka upgrade in November 2025, which promises scalability enhancements and a gas limit increase to 150 million.

What’s your take—is this whale’s staking strategy a masterstroke for long-term gains, or are they risking volatility by locking in such a large $ETH position?