PANews December 25 report, the Bitcoin staking protocol Babylon disclosed on its official blog that on December 15, during the third launch of the Babylon Bitcoin staking protocol mainnet, an anonymous staker staked 10,000 bitcoins through three transactions, worth over $1 billion.
Babylon stated: "Prior to this, the largest staking amounts came from entities hoping to stake on behalf of their users (such as LST protocols and custodians), but an individual staking on such a large scale is particularly significant for Babylon and its protocol. Regardless of who this person is, they chose to stake directly with Babylon instead of through LST, which brings the 'trustless' staking concept from the abstract to the concrete."
