Recently, the staking enthusiasm for Ethereum has continued to rise. Multiple large ETH inflows into the Beacon Chain staking contracts have occurred in a short period, with single transactions often involving 24,500 ETH (worth $73 million), totaling nearly 100,000 ETH. This is not the behavior of small retail investors—this is big capital speaking.

What does staking mean? At least locking up assets for months or even longer. This is not a speculative operation aimed at short-term price fluctuations. What truly attracts large investors is the stable annualized return—currently, ETH staking APR remains in the 3-4% range, providing a reliable return for huge sums of money.

From the supply side, a large amount of ETH being locked directly reduces circulating supply. With ETH priced around $3,400, some big investors are still willing to stake at this level. The logic behind this is straightforward: they believe the price will not drop significantly further. This consensus itself is a market support signal.

An interesting detail is that these staking operations are concentrated within a very short time window. It could be a coordinated move by a single institution or the tacit cooperation of several whales. Whatever the case, it points to the same conclusion: big funds are confident in ETH’s long-term prospects.

However, risks must also be clearly understood. The first is smart contract risk—although the Ethereum mainnet is considered secure, it’s unrealistic to completely rule out issues. The second is the opportunity cost trap. If ETH surges during the staking period, you may not be able to sell; if it crashes, you can’t stop the loss. This is the double-edged sword of staking.

For ordinary investors, if you are optimistic about ETH’s long-term value and don’t need to use your funds in the short term, staking is indeed worth considering. Most mainstream platforms now support ETH staking, and the process is not complicated. But there is one principle that must not be compromised—be sure to choose a reputable platform. Don’t gamble on small, unknown platforms just to gain an extra 0.5% yield.

If this wave of staking continues, ETH’s price may gradually find support in the subsequent period. But the reality is that short-term market movements will still follow the overall trend. If BTC continues to weaken, ETH will find it difficult to resist the trend even if it tries to move independently.