Ethereum treasury enterprise Bitmine (BMNR) has recently continued to increase its staking deployment. On-chain monitoring shows that about 2 hours ago, Bitmine deposited another 82,560 ETH into the Ethereum PoS staking contract, worth approximately $259 million. This is yet another move by the organization since launching its staking strategy on December 27. The statistics are particularly impressive — in just one week, Bitmine's total staked amount has reached 544,064 ETH. Based on the current Ethereum price, this staking commitment is valued at over $1.7 billion. The ongoing increased commitment by major institutions may be hinting at market confidence in Ethereum's medium- to long-term prospects.

ETH-0,34%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
9
Repost
Share

Comment

0/400

LightningPacketLoss

· 01-05 15:48

Big institutions are疯狂ly investing in ETH. What could they be hinting at? --- A staking limit of 1.7 billion USD, Bitmine really dares to play --- 544K ETH in a week, this pace doesn't seem like a small-scale move --- Wait, such a large amount invested, are they really optimistic or doing some kind of trick? --- Wow, over 80,000 ETH in just 2 hours, they must be very confident --- Institutions are all in on ETH staking, what are retail investors still hesitating about? --- If this move results in losses, it would be awkward. 1.7 billion USD is being thrown in just like that --- Bitmine is making a big bet; the medium to long-term price outlook shouldn't be too bad --- Once again, institutions are positioning themselves, while we retail investors are still watching the market --- Staking scale has doubled, it feels like the market sentiment is starting to change a bit

View OriginalReply0

GraphGuru

· 01-03 10:08

Wow, 1.7 billion staked in a week, this pace is really aggressive. Bitmine is placing a bet, it seems that big institutions really have a different view on ETH. Only two weeks and already investing so much? They must be very optimistic to dare to do that. This looks like accumulating chips, I feel there might be a story behind it.

View OriginalReply0

HorizonHunter

· 01-03 07:24

Are big institutions betting on Ethereum long-term with this move? Or are they just looking for stable returns... I can't resist the temptation a bit.

View OriginalReply0

MEVHunterLucky

· 01-03 05:46

Wow, 54,400 ETH in a week? This guy is really all in.

View OriginalReply0

digital_archaeologist

· 01-03 05:46

Big institutions are pouring money into staking like crazy—either genuinely optimistic or just betting on returns. Anyway, us retail investors are just here to watch the dust settle.

View OriginalReply0

BoredApeResistance

· 01-03 05:40

This move by the big institutions is signaling at full throttle. Those without ETH in hand should reflect on their position.

View OriginalReply0

MoonBoi42

· 01-03 05:35

Wow, a staking limit of $1.7 billion, Bitmine is really optimistic about ETH. --- Big institutions are stacking up, and as a retail investor, what are you hesitating for? --- 544K ETH in one week? That’s incredible, I have to admit. --- By the way, does this signal something behind the scenes? It feels like it’s about to take off. --- Staking yields + ETH appreciation, a double benefit approach that’s really attractive. --- The $1.7 billion figure is a bit shocking, but it also shows that institutions are still full of confidence. --- Once again, it’s the story of institutions bottoming out. When can we retail investors catch up? --- I check on-chain data every day; this move is indeed extraordinary. --- But the risk of locking up during the staking period should also be considered. Going all-in on one direction feels a bit risky. --- Bitmine’s move might really be a sign of something; we need to keep an eye on it.

View OriginalReply0

MEVHunterZhang

· 01-03 05:33

17 billion dollars invested, this guy really believes in ETH.

View OriginalReply0

BearMarketSunriser

· 01-03 05:32

Wow, 1.7 billion USD, this pace is a bit crazy --- What are the institutions betting on? Are they really bullish on ETH? --- 544k ETH in a week, is this bottom-fishing or dumping? --- Oh my, the intensity... feels like the market is about to change --- Bitmine is so aggressive, when will we retail investors catch up? --- Staking so much, how is the risk calculated? --- Once again, institutions are playing chess, and we're just watching the market --- I'm a bit confused by this data, is it really that much? --- Just a week, 1.7 billion, what does it mean... --- Damn, is this what they call confidence?

View OriginalReply0