A large Ethereum holder staked 2,020 ETH worth about $3.84 million through the Ethereum Beacon Deposit Contract and withdrew 10,300 ETH worth roughly $19.5 million from Kraken over the past day, according to Onchain Lens. The tracker said the same wallet pulled 5,000 ETH worth about $9.53 million from Kraken four hours earlier. The moves point to continued accumulation and staking activity by a whale, with transfers from an exchange to the Beacon Deposit Contract typically indicating a shift toward long-term locking of tokens to help secure Ethereum's proof-of-stake network.