As Bitcoin increasingly trades like a macro asset, some large Ethereum holders appear to be adjusting how they manage long-term positions.

Recently, a major Ethereum treasury firm began staking part of its ETH holdings for the first time, according to on-chain data. Until now, its strategy had been to hold ETH passively rather than participate in network staking.

This kind of move is less about short-term market views and more about how large holders think about sustainability and capital efficiency over time.

It also highlights a broader shift: Ethereum isn’t being treated only as a speculative asset, but increasingly as productive infrastructure within the network itself.

Do you think staking will become standard practice for long-term ETH holders?