According to latest data from blockchain analytics platform Lookonchain, on February 11, whale address '0x28eF' executed a significant staking operation. This crypto whale acquired 60,784 ETH through on-chain transactions three days ago, with the total value reaching approximately $126 million at current market prices.
Interestingly, instead of choosing immediate selling or long-term holding, the whale deposited 60,073 ETH into staking contracts, locking up digital assets worth about $117 million. This move has sparked widespread market attention and demonstrated strong confidence in the Ethereum ecosystem.
Market analysts noted that such large-scale staking could impact ETH's on-chain liquidity while potentially sending positive market signals. The on-chain data reveals this whale's investment style is relatively conservative, with historical transaction records showing multiple precise position adjustments during market volatility cycles.
- Staking occurred near ETH's key support price level
- The operation resonates with recent Ethereum ecosystem developments
- Historical transactions indicate strong risk management awareness