BitMine adds more Ethereum staking… cumulative 1.77 million ETH worth $5.6 billion
Suehyeon Lee
Summary
- According to Onchain Lens, BitMine added further Ethereum (ETH) staking, confirming inflows of long-term, buy-and-hold-oriented capital from large institutions.
- BitMine said it recently staked an additional 86,848 Ethereum, totaling roughly $279.40 million.
- BitMine said its cumulative Ethereum staking stands at 1,771,936 ETH, about $5.65 billion— a sizable staking position for a single entity.
Forecast Trend Report by Period
With large institutions continuing to stake Ethereum, fresh inflows of capital with a long-term holding profile have once again been confirmed.
According to Onchain Lens on the 20th (local time), BitMine recently staked an additional 86,848 Ethereum (ETH). The newly staked amount was tallied at roughly $279.40 million.
Following the additional staking, BitMine’s total staked Ethereum increased to 1,771,936 ETH, with an estimated value of about $5.65 billion. This represents a sizable staking position even on a single-entity basis.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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