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Ethereum Whale Reports Disagree on ETH Staked Amount

AMBCrypto and CoinTurk News EN both cover the same whale wallet's ETH purchase but differ sharply on how much of the holding was actually staked.

Original AltcoinGordon illustration for: Ethereum Whale Reports Disagree on ETH Staked Amount
Original illustration, drawn for this story by AltcoinGordon.

AMBCrypto and CoinTurk News EN both cover the same whale wallet's ETH purchase but differ sharply on how much of the holding was actually staked.

What all sources agree on

  • The whale wallet purchased 5,000 ETH worth approximately $9.53 million in a recent transaction.
  • Ethereum traded near $1,898-$1,899 at the time of reporting.

Where the reports disagree

1How much ETH the whale staked via the Beacon Deposit Contract

The wallet also staked 2.02K ETH, worth approximately $3.84 million, through Ethereum’s Beacon Deposit Contract.

AMBCrypto

The same wallet has now accumulated a total of 10,657 ETH, worth about $20.07 million, and locked the entire holding into Ethereum’s staking mechanism.

CoinTurk News EN

What would settle it: The on-chain transaction history of wallet 0x8447, including any Beacon Deposit Contract deposit records.

2Total size of the whale's ETH holdings after the withdrawal/purchase

An Ethereum [ETH] whale moved 10.3K ETH, valued at approximately $19.5 million, off Kraken in a span of just 24 hours.

AMBCrypto

The same wallet has now accumulated a total of 10,657 ETH, worth about $20.07 million, and locked the entire holding into Ethereum’s staking mechanism.

CoinTurk News EN

What would settle it: The wallet's full on-chain transaction and balance history.

What to make of it

Treat the 5,000 ETH purchase and the roughly $1,900 ETH price as established, but the claim that supply is 'tightening' rests on how much of the holding was staked versus left liquid — a figure the two outlets report differently and which is not yet settled.

Treat the 5,000 ETH purchase and the roughly $1,900 ETH price as established, but the claim that supply is 'tightening' rests on how much of the holding was staked versus left liquid — a figure the two outlets report differently and which is not yet settled.