Interestingly, the institution Bitmine has recently increased its Ethereum holdings again. According to on-chain data monitoring, they recently staked 92,160 ETH, which was approximately $293 million at the time. This is quite impressive—so far, Bitmine's total staked Ethereum has reached over 1.43 million coins, with a total value close to $4.8 billion. The logic behind this is clear: large institutions continue to be optimistic about Ethereum's long-term returns, participating in the ecosystem through staking while earning staking rewards. This ongoing accumulation undoubtedly reflects institutional confidence in Ethereum's fundamentals.
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EntryPositionAnalyst
· 6h ago
This move by the institution is truly a bet, with 1,430,000 ETH poured in... We should join in and have some soup.
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UncommonNPC
· 6h ago
Really, big players are stacking ETH so aggressively, it seems they've truly gone all in.
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DataBartender
· 6h ago
Now institutions are all pouring money in, I have to catch up quickly.
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GasFeeVictim
· 6h ago
Big funds are pouring into ETH, why is it still dropping...
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AirdropHarvester
· 6h ago
I'm relieved that institutions are pouring money in like this.
Interestingly, the institution Bitmine has recently increased its Ethereum holdings again. According to on-chain data monitoring, they recently staked 92,160 ETH, which was approximately $293 million at the time. This is quite impressive—so far, Bitmine's total staked Ethereum has reached over 1.43 million coins, with a total value close to $4.8 billion. The logic behind this is clear: large institutions continue to be optimistic about Ethereum's long-term returns, participating in the ecosystem through staking while earning staking rewards. This ongoing accumulation undoubtedly reflects institutional confidence in Ethereum's fundamentals.