On-chain data has once again refreshed the new high of Ethereum staking. Bitmine has staked 109,504 ETH in one go. Based on the current market price, this operation is worth approximately $344.44 million.
What is even more noteworthy is the underlying accumulation—according to on-chain monitoring, Bitmine has staked a total of 908,192 ETH, with a total value of about $2.95 billion. What does this number mean? Simply put, large investors are continuously increasing their positions in the Ethereum ecosystem by staking to earn rewards.
Such large-scale staking operations occur frequently and reflect market participants' recognition of ETH's long-term value. Whether institutions or major investors, they are voting with real money. And these on-chain activities often serve as important reference signals for market sentiment.
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DYORMaster
· 14h ago
$2.95 billion, Bitmine is betting on the future of ETH. I believe it.
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Big investors pouring money, real gold and silver won't deceive, follow the trend or judge for yourself?
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Staking 908k ETH... this volume is a bit scary, but honestly, the signals are correct.
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Wait, such a large position, are they really not afraid of risks? Or am I too inexperienced?
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On-chain data is the most honest, and we ordinary people just watch how big investors play.
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Oh wow, hundreds of millions staked, is this genuine confidence or are there other considerations?
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I just want to know where Bitmine's cost price is...
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Alright, since big investors are stacking up like this, the bottom shouldn't be too far away.
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RektRecovery
· 01-08 07:58
lol here we go again, another whale yolo-ing their bag while normies chase hopium. bitmine's got 29.5B locked up? sure, that's "conviction" or whatever they're calling it this cycle. i've seen this movie before tho ngl
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AirdropHunterWang
· 01-08 07:55
2.95 billion dollars, how optimistic about ETH do you have to be to invest so much...
Bitmine is aggressively accumulating chips, what are we retail investors waiting for?
This move indicates that institutions have no intention of letting go of this bull market.
Looking at on-chain data, big players are increasing their positions, I also need to consider this carefully.
9.08 million ETH, this guy is really all-in.
Staking yields are stable and the outlook is optimistic, this is the attitude of a true player.
When such large transactions occur, the bear market should be over.
They are voting with real money, we need to learn how to interpret on-chain signals.
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LowCapGemHunter
· 01-08 07:54
2.95 billion USD? Bitmine is betting that ETH will really take off. I believe it.
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Major investors are accumulating, which says everything that needs to be said.
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With such a strong staking volume, why does it feel like the market hasn't picked up yet?
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Real money voting—that's the real signal.
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Wait, what are they doing? Just betting on ETH's future.
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Just looking at the data, this wave of accumulation is indeed fierce.
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DaoResearcher
· 01-08 07:47
From the perspective of governance incentives, Bitmine's recent actions fully align with the staking economic model's assumptions. But the question is—are they genuinely optimistic or simply chasing profits?
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BearMarketSurvivor
· 01-08 07:37
Wow, this big investor must be very bullish on ETH, dropping 340 million at once?
Bitmine's move is definitely betting on the future of Ethereum.
This is what it means to let money do the talking, more effective than any analyst hype.
Big institutions are accumulating, we need to think about the underlying logic.
Such aggressive staking indicates that someone truly believes ETH can turn around.
A total holding of 2.95 billion, this ballast is placed quite aggressively.
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DaisyUnicorn
· 01-08 07:30
Big players are really planting flowers. A staking garden with 2.95 billion ETH—this shows how confident they are in the Ethereum ecosystem to do such a thing...
On-chain data has once again refreshed the new high of Ethereum staking. Bitmine has staked 109,504 ETH in one go. Based on the current market price, this operation is worth approximately $344.44 million.
What is even more noteworthy is the underlying accumulation—according to on-chain monitoring, Bitmine has staked a total of 908,192 ETH, with a total value of about $2.95 billion. What does this number mean? Simply put, large investors are continuously increasing their positions in the Ethereum ecosystem by staking to earn rewards.
Such large-scale staking operations occur frequently and reflect market participants' recognition of ETH's long-term value. Whether institutions or major investors, they are voting with real money. And these on-chain activities often serve as important reference signals for market sentiment.