PANews August 25 news, according to on-chain analyst @ai_9684xtpa monitoring, a suspected 'ancient whale of BTC that has swapped ETH after seven years of dormancy' has staked 269,485 ETH to the ETH2 beacon chain in the past hour, worth $1.25 billion.

This staking amount directly surpasses the ETH holdings of the top 4 Ethereum Foundation entities (231,000 ETH). This action directly reduced the difference between the exit and entry queue of the Ethereum PoS network to 260,000 ETH, in comparison, yesterday's difference was 727,000 ETH, which accounted for 66.7% of today's entry queue increment.