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Ben Simpson reports that one of the largest and oldest Ethereum wallets — which had held roughly 40,000+ ETH and had not moved in about 10 years — came back online and began staking rather than selling. He states the wallet has started staking the ETH on-chain, representing over $120 million being staked to earn income. The clip is short, introductory commentary about the wallet reactivation and staking action.

Questions this video answers

About 10 years.

Over 40,000 ETH.

Over $120 million (staked on the Ethereum blockchain).

Ben Simpson.

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