The suspected "Sleeping Seven-Year High-Profile Whale of $ETH exchanging for $BTC" has staked 269,485 ETH to the ETH2 Beacon Chain in the past hour, worth 1.25 billion dollars.

What does this mean?

👉 This staking amount directly surpasses the holdings of the TOP4 Ethereum Foundation (231,000 ETH).

👉 This action has directly reduced the difference between the exit and entry queues of the Ethereum PoS network to 260,000 ETH, down from yesterday's difference of 727,000 ETH, and accounts for 66.7% of today's entry queue increase.

Who exactly does this entity belong to? It's so exaggerated...

Staking address 0x2F44F404d835c3820059d216B957284a064E024b