【CoinPush】Ethereum treasury company Bitmine has recently added another 154,304 ETH, which is approximately valued at $519.76 million at current prices. This staking is a reflection of Bitmine’s continued commitment—so far, they have locked a total of 1,685,088 ETH, with a total scale approaching $5.65 billion.
More interestingly, in the past 48 hours alone, Bitmine has staked over 340,000 ETH consecutively. This series of actions indicates that at this current Ethereum ecosystem development stage, institutional confidence in the long-term value of Ethereum remains solid. Large-scale staking inflows mean market participants are voting with real money, and such on-chain data changes are worth ongoing attention.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
ForkPrince
· 01-17 23:37
The whales are really crazy, pouring in 5.6 billion. This move... how should I put it, anyway, I don't have the guts for it.
View OriginalReply0
SmartContractWorker
· 01-17 22:17
Damn, 5.65 billion USD locked in directly, this move is really aggressive.
View OriginalReply0
IronHeadMiner
· 01-15 00:19
5.65 billion USD locked... These institutions are really bold to bet, they must be betting that ETH won't underperform in the long run.
View OriginalReply0
WalletAnxietyPatient
· 01-15 00:16
$5.65 billion bet, what is it telling us? Do institutions still have such strong confidence in ETH?
View OriginalReply0
MEVHunterLucky
· 01-15 00:09
The whales are quietly accumulating chips again, with a volume of 5.6 billion USD... This pace feels off.
Ethereum whale big move: Bitmine invests an additional $500 million in staking
【CoinPush】Ethereum treasury company Bitmine has recently added another 154,304 ETH, which is approximately valued at $519.76 million at current prices. This staking is a reflection of Bitmine’s continued commitment—so far, they have locked a total of 1,685,088 ETH, with a total scale approaching $5.65 billion.
More interestingly, in the past 48 hours alone, Bitmine has staked over 340,000 ETH consecutively. This series of actions indicates that at this current Ethereum ecosystem development stage, institutional confidence in the long-term value of Ethereum remains solid. Large-scale staking inflows mean market participants are voting with real money, and such on-chain data changes are worth ongoing attention.