Bitmine increases holdings by over 154k ETH again, with total staked assets exceeding $4.1 billion

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【Chain News】On-chain data tracking shows that Bitmine has made another big move in the past two days—pledging another 154,208 ETH, which amounts to nearly $479 million. It’s worth noting that this entity has been very active; so far, the total staked ETH has surpassed 1.34 million, with total assets reaching around $4.15 billion.

This continuous accumulation from a certain perspective reflects institutional confidence in the long-term value of Ethereum. Especially in the current market environment, the ability to consistently invest such a large amount of capital into staking ETH demonstrates confidence in the development of the Ethereum ecosystem. For traders who follow institutional movements, such data changes often serve as a barometer of market sentiment.

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ImpermanentLossFanvip
· 11h ago
Whales are quietly accumulating again, and we're retail investors just here watching the show. Wait, what is Bitmine hinting at with this move? Putting $4.15 billion on ETH—really taking some serious guts. Institutions are bottom-fishing, and I'm just following along. This trick has been played out long ago... Staking so much—what if something goes wrong someday? It’s a bit scary to think about. So we have to keep an eye on these big players all the time? This job is exhausting.
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SudoRm-RfWallet/vip
· 11h ago
Bitmine is stacking coins again, how confident must they be in ETH...
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DAOplomacyvip
· 11h ago
honestly the "confidence in ecosystem" narrative is doing a lot of work here... but argue it's really just about staking yields and path dependency at this point
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GasFeeNightmarevip
· 11h ago
The whales are accumulating again, this rhythm... retail investors can only watch helplessly.
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JustHereForAirdropsvip
· 11h ago
Institutions are accumulating, what are retail investors still hesitating about? Bitmine's move looks quite aggressive, with 154k ETH being thrown in just like that. With a volume of 4.15 billion USD, it shows that they are not afraid at all, and the long-term bullish stance is very clear. At this pace, it feels like someone knows something... Can ETH still drop further in this wave? It feels a bit uncertain.
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FreeMintervip
· 11h ago
Institutions are疯狂吸筹, retail investors still hesitating Bitmine's move... really doesn't treat money as money, throwing away 4.1 billion USD like that This is what confidence looks like, long-term optimistic about the ETH ecosystem without any issues Why does it feel like this wave of institutional accumulation will lead to big moves later 154k ETH bought in one bite, my monthly salary is trembling Friends still hesitating at the bottom, take a look at how the institutions are operating This data... can it be a reverse indicator? Feels like a reversal is coming Institutions pouring money in is the best positive signal, get on board quickly Staking so much ETH shows real confidence in the 2.0 ecosystem I just want to know what Bitmine's cost price is, it must be much lower than mine Still looking at the chart? The institutions have already been布局ing
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