According to on-chain data tracking, BitMine has recently increased its ETH holdings significantly. This time, it staked 94,400 ETH at once, which is worth approximately $314 million at current market prices, a substantial move.
What’s even more noteworthy is BitMine’s total staked amount. It has now staked a total of 1,530,784 ETH, with a total value approaching $5.1 billion. As an institutional-level participant, such a large holding is enough to influence the market and also reflects strong confidence in the long-term prospects of ETH.
From the staking data, the signal of continuous institutional accumulation is quite clear. This may also serve as a useful reference for observing the sentiment of large investors and market direction.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
4
Repost
Share
Comment
0/400
StakeWhisperer
· 16h ago
The big whales are silently accumulating again, with a staking amount of 5.1 billion USD in ETH. How optimistic does that make you feel?
The actions of institutions never deceive; it's just a matter of when retail investors will catch up with this train.
BitMine's move feels like a hint to us.
5.1 billion, I don't even have 5 bucks haha.
Staking such a large amount shows they've long tasted the sweetness of ETH. What are we hesitating for?
It's incredible—big players keep adding, and we're still falling. The logic is completely reversed.
Isn't this data indicating that institutions are optimistic? The question is, when will retail investors get their turn to profit?
Three point one four billion just casually thrown out there—some people may never earn that in their lifetime.
Follow the rhythm of the big whales, and you'll be on the right track.
A staking scale of 5.1 billion—are they building confidence for the next ETH?
View OriginalReply0
CrossChainBreather
· 16h ago
$5.1 billion, this move is really incredible. BitMine is aiming to completely absorb ETH.
With such aggressive action, do retail investors still have a chance? Haha.
The staking volume is so large, they must have seen through something. Following the trend is never wrong.
Institutional consolidation, such a clear head effect. Will the subsequent funds follow suit?
By the way, buying 94,400 tokens in one go—that's a huge order...
If this data is real, it really feels like the pressure is coming.
With this scale, if BitMine dumps, they could wipe out the underlying assets entirely.
The balance between staking scale and liquidity—I'm having a hard time understanding this point.
It seems that big players have a long-term vision, unlike us who chase every rise and fall.
This $5.1 billion position is enough to overshadow any news.
View OriginalReply0
QuorumVoter
· 16h ago
5.1 billion dollars in holdings... This guy is definitely betting on the future of ETH.
Is BitMine really all-in with this move?
With a volume of 930,000 coins, the institutions are really not afraid.
Large investors increasing their positions so aggressively, should I jump in or play it safe?
Such a large staking scale, could it actually suppress the yield...
Looking at this rhythm, it seems to be telling us something.
View OriginalReply0
OnchainUndercover
· 16h ago
5.1 billion USD is invested in ETH. Is BitMine genuinely optimistic or is it setting us up?
According to on-chain data tracking, BitMine has recently increased its ETH holdings significantly. This time, it staked 94,400 ETH at once, which is worth approximately $314 million at current market prices, a substantial move.
What’s even more noteworthy is BitMine’s total staked amount. It has now staked a total of 1,530,784 ETH, with a total value approaching $5.1 billion. As an institutional-level participant, such a large holding is enough to influence the market and also reflects strong confidence in the long-term prospects of ETH.
From the staking data, the signal of continuous institutional accumulation is quite clear. This may also serve as a useful reference for observing the sentiment of large investors and market direction.