Ethereum Staking Scale Continues to Grow: Bitmine Re-allocates 86,400 ETH



On-chain data tracking shows that Bitmine recently carried out another large-scale staking operation, adding 86,400 ETH, which is worth approximately $266.3 million at current market prices. This move further consolidates its influence in the Ethereum staking field.

According to the latest statistics, Bitmine has staked a total of 1,052,192 ETH, with a total value of $3.25 billion. This scale ranks among the top in the industry, fully reflecting the institution's optimistic outlook on the long-term development of the Ethereum ecosystem.

It is worth noting that the current ETH price fluctuates around $3.22K. Bitmine's continuous accumulation reflects institutional investors' confidence in Ethereum's fundamentals and also supports the stability of the entire staking ecosystem. Such large-scale staking not only helps ensure the secure operation of the Ethereum network but also provides participants with stable staking rewards.
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