2026-01-16 01:25:32

On-chain monitoring data shows that major participant in the Ethereum ecosystem, Bitmine, has recently made a large move. According to analyst Yu Yan's tracking, this institution bought 24,068 ETH in a single transaction through FalconX within the past 10 hours, spending approximately $80.57 million.

What’s even more noteworthy is their staking activity. Bitmine has been actively promoting ETH staking recently, with a total of over 1.7 million ETH staked so far, which is roughly $5.65 billion in value. This staked ETH accounts for 40% of their total ETH holdings (4.17 million ETH), meaning that for every two ETH they hold, one is participating in staking.

From this perspective, it’s clear that Bitmine considers ETH staking an important part of their long-term asset allocation strategy. They continue to increase their holdings while steadily staking, revealing confidence in ETH’s medium to long-term prospects.

ETH1,15%

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BugBountyHunter

· 01-18 18:40

I don't dare to buy, but it's outrageous for big players to dump like this... A staking scale of $5.65 billion, it's really a gamble with their own assets. --- Wait, buying 24,000 tokens at once? They must be very optimistic. I can't even hold that many small amounts. --- To put it simply, institutions are just rich and reckless. 1.7 million in staking, worth 400 million USD... Ordinary people can't catch up in their lifetime. --- Is the staking ratio approaching 50%? Why do I feel the market isn't playing like that... Why isn't anyone shorting them? --- Wow, large orders + continuous staking, this pace really looks like betting on ETH to take off. If liquidation happens, I’d love to see it. --- This kind of operation definitely triggers FOMO, but I still think the risks are deeply hidden. --- $5.65 billion, that number almost confuses me... Big players are just big players. --- Staking locks liquidity... Is it real or fake? Honestly, I can't understand why they would do this.

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ColdWalletGuardian

· 01-18 01:32

80 million USD invested, this guy is really betting big on ETH I'm impressed with Bitmine's move, staking 1.7 million tokens, which is like risking half of his assets on the future of ETH When big players go all-in like this, retail investors should at least get some benefit Staking rewards combined with increasing holdings—that's the right way to play Looking at these numbers, I feel like the ETH in my hands is so cheap

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rekt_but_vibing

· 01-16 01:55

The big players are stacking ETH again, and this time they're going all out... Spending over 80 million just for staking rewards? 1.7 million tokens staked—how confident must they be to do this? I'm envious. Bitmine's move really is a bet on the future; it's not just simple hype, right? With such a high staking ratio, they must really believe in the PoS mechanism. Take notes.

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NotSatoshi

· 01-16 01:53

Damn, over 80 million spent at once. This guy really doesn't treat money as money. Bitmine's move is truly a show of faith, staking 1.7 million tokens... I need to join in and catch some of the soup. Speaking of these big institutions' actions, we should keep an eye on them; maybe it's a signal for the next wave. Staking 40% of holdings, this pace is a bit aggressive. Feels like the market is about to rise. Spending 80 million dollars in an instant—how confident must they be in ETH? I'm tempted.

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RumbleValidator

· 01-16 01:49

1.7 million staked ETH, with a 40% holding ratio — the key is the consensus intention revealed by this data structure, not just a superficial optimism.

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MysteryBoxBuster

· 01-16 01:49

80 million invested, this move is really aggressive Bitmine's operation is quite impressive, with such a high staking ratio, they really treat ETH like a pension fund 1.7 million tokens staked, they must be very bullish on ETH... such a high ratio is a bit crazy Institutions are hoarding madly, while retail investors are still debating whether to hold With this momentum, it seems like there will be more buying to come

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