According to recent data from Arkham ZH, Consensys has executed a significant acquisition of approximately $3 billion in Ethereum (ETH). This strategic move highlights the growing institutional interest in the Ethereum blockchain ecosystem. Notably, a whale linked to Consensys received a substantial transfer of $320 million in ETH from Galaxy Digital, subsequently relocating the assets to a newly created wallet address, 0x0b2. Furthermore, this wallet has engaged in staking activities, locking up around $1.2 billion worth of ETH through Liquid Collective, underscoring a commitment to decentralized finance protocols. These transactions reflect a calculated approach to asset management and staking within the evolving crypto landscape, signaling robust confidence in Ethereum’s long-term value proposition.
Consensys Acquires $3 Billion in ETH, Stakes $1.2 Billion via Liquid Collective
