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.