Bitmine increases large-scale holdings again, ETH staking surpasses $5.7 billion

ZkSnarker · 2026-01-23T00:10:09+00:00

The well-known ETH holding address Bitmine added 171,264 ETH to staking on January 23, bringing the total staked amount to 1,943,200 ETH, worth nearly $5.73 billion, reflecting institutional confidence in the long-term holding and stable returns of ETH.

ZkSnarker

2026-01-23 00:10:09

Abstract generation in progress

【Blockchain Rhythm】The latest on-chain data shows that the well-known ETH holding address Bitmine completed another large staking operation on January 23rd—adding 171,264 ETH, which is approximately over $500 million at the time of the price.

This is not an isolated event. From cumulative data, Bitmine’s total ETH staked has now reached 1,943,200 ETH, with a total value approaching $5.73 billion. This scale accounts for a significant portion of the entire Ethereum staking ecosystem, reflecting strong confidence from institutional-level players in long-term holdings and stable returns.

Behind the continuous accumulation, it may imply a firm confidence in the future of ETH—especially in the current market volatility environment.

ETH-6.65%

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SilentAlpha

· 01-24 19:18

This move... is a bit aggressive. Over 500 million USD just like that. The institutions' resolve is truly different.

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ZeroRushCaptain

· 01-24 08:13

Hmm... Another large-scale surge, but my intuition tells me this might be a reverse indicator haha

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GasFeeLover

· 01-23 00:39

Big players are really ruthless, still疯狂 buying up...

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RektRecorder

· 01-23 00:37

bitmine's move is really outrageous, stacking 5.7 billion USD on ETH... Is there some rumor I haven't heard or what?

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SignatureVerifier

· 01-23 00:32

ngl the 57.3B figure needs serious validation... where's the on-chain proof? bitmine could be diversifying across multiple addresses—insufficient transparency imo. requires further auditing before i'm buying the "institutional confidence" narrative. technically speaking, whale moves ≠ market signal. seen this movie before tbh

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Tokenomics911

· 01-23 00:23

The wealthy keep throwing money, while ordinary people are still debating whether to buy the dip... What a gap.

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RugpullAlertOfficer

· 01-23 00:22

Damn, over 500 million USD in one shot. This guy really isn't afraid of the drop... With a scale of 5.7 billion, he has directly become a major landowner in Ethereum staking.

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