š¢ $ETH Whales Are Escaping Markets Fast ā Hereās Why It Matters
In the past hour, several massive $ETH transfers have been spotted ā whales moving 25Kā30K ETH per transaction (worth $100M+ each) straight into the Beacon Depositor.
This is more than just big wallets shifting around. Whales are pulling ETH out of the market and locking it into staking for yield. Instead of chasing short-term volatility, theyāre securing long-term rewards.
Why it matters:
Less sell pressure: Locked ETH is off exchanges, tightening supply.
Stability boost: More staked ETH means stronger network security.
Market effect: With billions locked, liquidity shrinks ā which can help steady ETHās price and even set up bullish pressure if demand continues.
My take: When whales move this aggressively into staking, it shows conviction. Theyāre not looking for a quick flip ā theyāre betting on Ethereumās strength long-term. Short-term calm, long-term bullish.