Another major move! BitMine Immersion Technologies continues to expand its presence in the Ethereum staking market. According to the latest data, the institution has staked over 1.08 million ETH, amounting to approximately $3.3 billion. More notably, it recently added 86,400 ETH, equivalent to a new investment of $269 million.
Based on the current annualized yield of 2.81%, this staked asset can generate about $94.4 million in annual returns. This continuous increase in holdings clearly demonstrates institutional investors' ongoing optimism about Ethereum staking yields and also reflects that, in the current market environment, earning stable income through staking remains a core strategy for large funds. The sustained attention from institutions, to some extent, also confirms Ethereum's long-term value as a mainstream public chain.
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GamefiGreenie
· 01-12 10:06
1.08 million tokens? Are you crazy? Earning $94.4 million annually and still so steady... Why am I still a retail trader trading contracts?
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AirdropATM
· 01-12 01:57
Damn, 1,080,000 ETH. That must be a lot of money... I can't even gather an integer.
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CoconutWaterBoy
· 01-12 01:56
Are institutions stacking ETH? Are they betting on the long term? Or are they just after the small staking rewards?
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TideReceder
· 01-12 01:52
1.08 million ETH? This move is truly incredible; earning an annualized 94.4 million just by sitting back and earning.
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MeaninglessGwei
· 01-12 01:46
Institutions are once again aggressively accumulating shares, and us small retail investors can only watch helplessly.
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AltcoinHunter
· 01-12 01:29
1.08 million tokens? Damn, that’s so stable. I was still thinking about whether to go all-in with 50, but the institutions have already piled their chips into mountains.
A 2.81% annualized return doesn’t seem like much, but a profit of $94.4 million... Forget it, I’ll keep betting on the hundredfold opportunity.
Staking has become a risk-hedging strategy for large funds? Should I reflect on my own investment philosophy... Nah, too brain-consuming.
Is this data hinting that ETH will steadily rise, or are the institutions also a bit anxious?
Another major move! BitMine Immersion Technologies continues to expand its presence in the Ethereum staking market. According to the latest data, the institution has staked over 1.08 million ETH, amounting to approximately $3.3 billion. More notably, it recently added 86,400 ETH, equivalent to a new investment of $269 million.
Based on the current annualized yield of 2.81%, this staked asset can generate about $94.4 million in annual returns. This continuous increase in holdings clearly demonstrates institutional investors' ongoing optimism about Ethereum staking yields and also reflects that, in the current market environment, earning stable income through staking remains a core strategy for large funds. The sustained attention from institutions, to some extent, also confirms Ethereum's long-term value as a mainstream public chain.