Institutional players are making serious moves in the ETH market. Over the past 24 hours, a major holder deployed another $340M into ETH staking, continuing what looks like a calculated accumulation strategy.

The numbers tell an interesting story: this entity has now staked roughly $3.69B worth of Ethereum. To put that in perspective, it's nearly 1% of Ethereum's entire circulating supply (approximately 0.985%). That's not small change.

When you see this kind of consistent buying pressure combined with immediate staking, it signals something. The move is deliberate, and the scale is significant. Whether this reflects confidence in Ethereum's fundamental value or strategic positioning ahead of market shifts—that's the question worth watching closely in the coming weeks.