Two-Bitcoin-Era Whale Stakes 275,500 ETH ($1.3B) After Selling BTC
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
According to COINOTAG reporting and corroborated by on-chain analytics, an identified two-bitcoin whale has converted recent BTC sales into ETH and subsequently staked the full allocation over a four-day window. Chain records show a cumulative deposit of 275,500 ETH, with an approximate market value of $1.3 billion, now committed to Ethereum’s staking infrastructure.
The observable movement constitutes a clear portfolio reallocation toward staking exposure and increases concentration of staked ETH tied to a single wallet. The account-level activity is derived solely from public ledger data; there are no off-chain confirmations or performance projections implied by this report.
