🐋 Dormant Whale Awakens — Stakes $19.84M in $ETH

According to BlockBeats via Onchain Lens, a long-silent crypto whale has re-emerged after three years of inactivity, staking 4,736 ETH—currently worth $19.84 million—to Kiln.

This whale originally accumulated the $ETH about 4–5 years ago, spending roughly $9.12 million. At today’s prices, that stash reflects an impressive unrealized profit of $10.7 million.

The move to stake such a large amount could signal long-term bullish sentiment on Ethereum, especially from early holders with significant gains in hand. Traders will be watching closely to see if this action sparks further staking activity among dormant addresses.

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