There's a mining operation torching $100 million weekly on ETH acquisitions via share dilution. They publicly tout $1 million in daily staking rewards, yet on-chain forensics reveal their holdings remain completely unstaked. Two scenarios here: either this constitutes textbook securities fraud, or they're positioning for something that makes liquid ETH significantly more valuable than passive staking yields. There's no in-between explanation that holds water. The math doesn't lie—either their reported revenue stream is fabricated, or they possess intelligence about upcoming market conditions that justify sacrificing guaranteed staking returns for immediate liquidity.