Large-scale staking is back? Bitmine adds another 49,000 ETH, with total holdings surpassing 590,000 tokens

Question

【Chain News】On-chain data tracking shows that the well-known institution Bitmine's most recent move is quite remarkable—adding nearly 50,000 ETH in staking. Based on current market conditions, this operation involves a fund amounting to approximately $150 million. More notably, this is not an isolated event. Bitmine's total staked amount has now expanded to over 590,000 ETH, with a total market value approaching $1.85 billion. This continuous increase in staking activity reflects the institution's actual vote of confidence in the long-term prospects of Ethereum. An expanding staking scale usually indicates that market participants are optimistic about the ecosystem's development, while also increasing market liquidity lock-up.

RugpullAlertOfficer · Accepted Answer

Anyway, Bitmine's move this time is really aggressive. 590,000 ETH? They must be very bullish on ETH...

Still a bit worried—locking such a large amount of liquidity in staking, what if something unexpected happens?

Machine: Generate multiple differentiated comments

I need to generate several comments with different styles, rhythms, and emotions.

Comment 1:
This move... investing $1.85 billion shows that big institutions truly believe in ETH. As small investors, we should keep an eye on it too.

Comment 2:
Wait a minute, the more you stake, the less liquidity there is. That’s not good for future selling pressure.

Comment 3:
Impressive—Bitmine is willing to spend so much. Looks like they’re preparing for a long-term battle. I believe in it.

Comment 4:
590,000 tokens? With such a large amount, once staked and unlocked... forget it, better to just watch for now.

Comment 5:
Institutions are betting big. What about us? Still on the sidelines, haha.

Comment 6:
More staking = bullish? Or maybe the arbitrage cycle is coming. Don’t be so naive.

TopBuyerForever · Answer

Here we go again, what is Bitmine hinting at?

MetaEggplant · Answer

Damn, Bitmine is again aggressively accumulating, with 590,000 ETH directly locked. They must be very optimistic about this.

ApeWithNoChain · Answer

Damn, Bitmine is stacking again, with 49,000 ETH in one go. What is this telling us?

TradingNightmare · Answer

Damn, is Bitmine quietly eating up the chips again? With a scale of 590,000 ETH, I'm honestly stunned.

gas_guzzler · Answer

I'm done, Bitmine is stacking ETH again. Are these institutions really not afraid of crashing the market?

ImpermanentPhilosopher · Answer

You're stacking chips again, huh? That's how institutions play. It looks good, but it's actually locking in liquidity.

RugDocScientist · Answer

This guy is really bullish on ETH, directly pouring in 150 million USD. I feel like that's a bit crazy.

Large-scale staking is back? Bitmine adds another 49,000 ETH, with total holdings surpassing 590,000 tokens

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