Data: A certain ETH reserve institution address accumulated 15,846 ETH and staked them all 7 hours ago

ChainCatcher news, according to Ember monitoring, an address suspected to belong to an ETH reserve institution continued to accumulate 15,846 ETH (approximately 55.34 million USD) and deposited it into staking 7 hours ago.

The institution has been accumulating ETH through an institutional trading platform, and since August 1, it has accumulated a total of 41,452 ETH (approximately 148 million USD) at an average price of about 3,575 USD. After receiving the ETH, the institution deposited all of it into PoS staking through Figment.