Crypto Whale Stakes 50,000 ETH Worth About $116.97 Million
According to Onchain Lens (blockchain tracking service), a large holder locked 50,000 Ether in a staking (locking crypto to earn rewards) move worth about $116.97 million.
ETH
Summary
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Terms & Concepts
Staking: Locking cryptocurrency in a blockchain network to help support operations and earn rewards.
Whale: A market participant holding a very large amount of cryptocurrency, often large enough to influence trading activity.
ETH: The native cryptocurrency of Ethereum, commonly used for network fees, transfers, and staking.