The latest on-chain data monitoring shows that BitMine has increased its staking deployment again on January 20th, with an additional staking scale of 86,848 ETH, corresponding to a market value of approximately $279.4 million. The staking footprint of this institution continues to expand — the total staked amount has surpassed 1.77 million ETH, with a total value rising to $5.65 billion. From the ongoing increase in activity, it appears that major stakers remain confident in the long-term prospects of Ethereum.
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ForkThisDAO
· 01-20 00:50
Damn, BitMine is stacking ETH again. This pace is about to take over the entire network.
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YieldFarmRefugee
· 01-20 00:50
Damn, BitMine's move... stacking 1.76 million ETH like that, aren't they worried about crashing the market?
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ShortingEnthusiast
· 01-20 00:50
BitMine's move... really doesn't care about short-term fluctuations
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1.77 million ETH? That's a pretty big scale, is it a signal of institutions bottoming out?
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Here we go again, every time this kind of news comes out, someone follows suit and stakes
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$5.65 billion worth of ETH is being staked, the gamble is really big
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But to be fair, this kind of increased staking does indicate something
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Institutions are so optimistic, why am I so nervous haha
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With staking increasing like this, is the mainnet really about to take off?
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BitMine is playing chess, we're just watching the show
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Over $80 million more invested... their guts are extraordinary
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gas_fee_therapy
· 01-20 00:34
Bro, with this move, BitMine is really not joking around
The latest on-chain data monitoring shows that BitMine has increased its staking deployment again on January 20th, with an additional staking scale of 86,848 ETH, corresponding to a market value of approximately $279.4 million. The staking footprint of this institution continues to expand — the total staked amount has surpassed 1.77 million ETH, with a total value rising to $5.65 billion. From the ongoing increase in activity, it appears that major stakers remain confident in the long-term prospects of Ethereum.