Ethereum Whale Stakes $120M After 10 Years – What’s Next? 🐟💸

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Another Ethereum whale, long thought to be a mere figment of the blockchain’s imagination, has stirred from its slumber after a decade of digital hibernation-only to deposit its entire fortune into staking, as if the very concept of liquidity had been outlawed. 🐟💸

Behold, the Ether wallet, cradling 40,000 tokens, which its owner once purchased for a pittance of $12,000 during Ethereum’s genesis block launch in July 2015. Now, it gleams with the sheen of $120 million-a testament to the volatile whims of the crypto gods. 🧠

Yet, rather than flee to the safety of exchanges, this OG has chosen the path of staking, a decision as enigmatic as the Master’s own musings on the nature of truth and deception. 🕵️‍♂️

The market, ever the drama queen, has whispered of whales selling, with analysts blaming the crypto price fluctuations on their capricious moods. 🗣️

Two other Ether OGs sold, one staked

Another OG wallet, which once hoarded 254,908 tokens during Ethereum’s ICO, began its exodus on Nov. 26, selling in increments as if auctioning off pieces of a cursed relic. 🪙

By Saturday, only $9.3 million in Ether remained, a shadow of its former self. Meanwhile, another OG, having amassed 154,076 Ether since 2017, sent 18,000 tokens to Bitstamp-a move as predictable as a Russian novel’s twist. 📖

A larger Ethereum wallet, roused from eight years of silence in September, opted to stake part of its stash, as if the blockchain itself had issued a decree: “Thou shalt not spend.” 🧙‍♂️

Top Ether holders still accumulating

While some OGs retreat, the titans of the Ethereum realm continue to amass, their vaults brimming with Ether, as if the blockchain were a grand opera where the elite sing in unison. 🎭

The Eth2 Beacon Deposit Contract, that enigmatic maestro, holds 72.4 million Ether, a $203 billion symphony of wealth. 🎵

Binance, the crypto titan, clutches 4 million, while BlackRock, that paragon of traditional finance, rounds out the top three with 3.9 million. A dance of old and new, where the past bows to the future. 🕺

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2025-12-02 08:10