According to on-chain data monitoring, BitMine has recently increased its staking scale again, adding 86,848 ETH, which is valued at approximately $279.4 million based on the current price. This operation further strengthens its position in the Ethereum ecosystem.



As of now, the total amount of staking by this institution has surpassed 1,770,000 ETH, specifically 1,771,936 ETH, with a total value of $5.65 billion. This scale is quite significant in the entire ETH staking market, reflecting the continued optimism of major participants for the long-term development of Ethereum.

From a market perspective, the continuous increase in staking by large holders is often seen as a bullish signal. In the current market environment, such actions also demonstrate institutional confidence in ETH's value and the importance they place on staking yields.
ETH-4,53%
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TokenStormvip
· 01-20 00:55
Is it the same old story again? Are the whales throwing money into staking because they are optimistic? I think this guy is just betting that he can run faster than liquidation. The on-chain data looks good, but the risk factor is maxed out. $5.65 billion is concentrated in one direction. Not afraid of being harvested? I respect you as a real man.
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BearMarketBarbervip
· 01-20 00:52
Still throwing money around? Do these big players really not fear getting cut? Is BitMine's operation optimistic or just hoarding chips? Anyway, I can't understand it. $5.65 billion in staking volume—when will retail investors get a chance to make this kind of money... Sigh. Staking yields are so insignificant; it's better to go for new coin listings. Big players' movements usually indicate that anything could happen. But if all 1.77 million ETH are really dumped, whether the market can withstand it is a question. Looking at these numbers, it's a bit nerve-wracking. It feels like a new round of game theory is about to begin.
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ser_aped.ethvip
· 01-20 00:51
Damn, BitMine is stacking again. What does this imply... Are the big players so optimistic about ETH? Then we retail investors need to keep up. A staking scale of 5.65 billion USD—how confident are they... These institutions are really playing the long game, while we're still debating short-term ups and downs. When it comes to staking yields, the big players definitely understand it better than us.
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ChainChefvip
· 01-20 00:45
bitmeme just keeps adding more eth to the pot... ngl, this recipe's getting pretty thick with institutional money. 1.7m eth staked? that's not just simmering anymore, that's a full boil happening 👀
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DeepRabbitHolevip
· 01-20 00:45
Large investors have been accumulating, what does that indicate? Either they are genuinely optimistic or they are betting on us to take the bait. BitMine's recent move is indeed aggressive; a scale of 5.6 billion USD is no joke. As for staking, the returns are stable but it locks up liquidity. Their approach shows they are truly long-term bullish. By the way, how much of the market does this scale already occupy? I'm a bit worried about potential centralization issues later on. Are the interest rates on smart contracts really this good? It feels a bit too good to be true.
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FrogInTheWellvip
· 01-20 00:38
Large investors' recent moves, to put it simply, are betting that ETH will continue to rise. BitMine invested 270 million yuan at once; they must be very confident to do such a thing... Wait, is this data real-time? It feels like they're just storytelling again. A staking amount of 5.65 billion USD sounds impressive, but can it really be withdrawn? Looking at this situation, either they have strong faith or they've been trapped too deeply and can't get out. Are staking rewards really that attractive? I just can't quite understand. These big investors are throwing money around; should retail investors follow suit or run away... The numbers are too large, it's a bit confusing. Anyway, compared to them, my principal is just a drop in the bucket. Machine readable nonsense or real signals? It's hard to tell.
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LeverageAddictvip
· 01-20 00:36
The big whales are buying the dip again, this time directly pouring in 280 million. Are you really not afraid?
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