Well-known Ethereum treasury institution Bitmine has recently purchased a large amount of 24,068 ETH through the FalconX platform within the past 10 hours, with a transaction value of up to $80.57 million. This move reflects the institution's continued optimism about the long-term value of Ethereum.



More notably, Bitmine has been steadily advancing its ETH staking plan. As of now, they have staked over 1.7 million ETH, worth approximately $565 million. This figure accounts for about 40% of their total Ethereum holdings of (4.17 million).

In terms of portfolio structure, Bitmine is generating returns through staking while maintaining a significant allocation to Ethereum. This dual strategy of buying and staking reveals an institutional-level approach to deployment.
ETH3,68%
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quietly_stakingvip
· 01-18 20:56
This move by the institution is really brilliant, buying while staking. It feels like they're playing a big game of chess.
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SandwichHuntervip
· 01-18 03:41
Big institutions' moves are really ridiculous. Investing over 80 million USD and still pretending to be optimistic, staking 1.7 million ETH to earn yields—this trick is completely worn out.
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SchrödingersNodevip
· 01-17 21:58
Damn, institutions are quietly accumulating again, and we're retail investors still hesitating.
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GasFeeCriervip
· 01-17 14:58
The big fish is accumulating, this wave of momentum is quite intense.
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MissedTheBoatvip
· 01-16 01:55
Is it another institution bottom-fishing move? These people really are not short of money; it looks like it's about to take off.
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NullWhisperervip
· 01-16 01:48
holding 24k eth in 10 hours... technically speaking, interesting timing on the falconx execution. staking 40% of their stack though—nah, that's just risk management theater if we're being honest
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HypotheticalLiquidatorvip
· 01-16 01:35
Over 80 million dollars invested, with a staking ratio of over 40%... These health factor data need to be carefully examined. Once the liquidation price is triggered, the risk of chain reactions and liquidations cannot be underestimated.
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FlashLoanKingvip
· 01-16 01:35
Big institutions are aggressively accumulating, is this hinting at something?
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MetaverseHermitvip
· 01-16 01:26
Big whales are accumulating again, this rhythm... Staking 1.7 million ETH and continuing to add positions, they really treat Ethereum like an ATM.
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