ChainCatcher message, according to on-chain analyst @ai_9684xtpa, a suspected ancient whale of BTC that has been dormant for seven years and has significantly switched to ETH, has staked 269,485 ETH to the ETH2 beacon chain in the past hour, worth 1.25 billion USD.

This amount of staking surpasses the Ethereum Foundation (231,000 ETH), which is the TOP4 entity holding ETH. This staking action directly reduced the difference between the exit and entry queues 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 increase.