Bitmine continues ramping up its Ethereum staking position. The platform just added another 109,504 ETH (approximately $340.6M) to its holdings within a 4-hour window. With this move, Bitmine's total staked ETH now sits at 1.19M tokens, translating to roughly $3.7 billion in staked value. This aggressive accumulation reflects growing institutional interest in Ethereum's proof-of-stake ecosystem. Such large-scale staking by major players not only strengthens network security but also signals confidence in ETH's long-term positioning amid broader market dynamics.
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Bitmine continues ramping up its Ethereum staking position. The platform just added another 109,504 ETH (approximately $340.6M) to its holdings within a 4-hour window. With this move, Bitmine's total staked ETH now sits at 1.19M tokens, translating to roughly $3.7 billion in staked value. This aggressive accumulation reflects growing institutional interest in Ethereum's proof-of-stake ecosystem. Such large-scale staking by major players not only strengthens network security but also signals confidence in ETH's long-term positioning amid broader market dynamics.