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According to Techub News, a user named Yu Jin monitored that three addresses starting with 0x256, 0x986, and 0x5e3 (suspected to belong to the same Ethereum reserve institution) accumulated 15,846 Ether (worth about 55.34 million USD) and staked them 7 hours ago. The institution has been accumulating Ether through an institutional trading platform, having amassed a total of 41,452 Ether (worth about 148 million USD) since August 1. After receiving the Ether, the institution has deposited all of it into PoS staking via Figment.