A whale pledged 8,208 ETH after a year of hibernation, worth $16.85 million.

CoinFeed reported on March 7 that, according to Onchain Lens monitoring, a whale staked 8,208 ETH, worth $16.85 million, after a year of dormancy. This whale spent $16.09 million to accumulate these ETH over the past four years, but ultimately only made a profit of about $768,000.