CoinVoice has learned that, according to on-chain analyst @ai_9684xtpa, a suspected ancient Bitcoin whale that has been dormant for seven years has staked 269,485 ETH, worth 1.25 billion USD, to the ETH2 Beacon Chain in the past hour.

This amount staked surpasses the Ethereum Foundation (230,000 ETH), which is the top 4 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, accounting for 66.7% of today's entry queue increment. [Original link]