Bitmine has pledged another $293 million worth of ETH, with a total holdings exceeding $4.8 billion.

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【Crypto World】Bitmine has increased its stake again. According to on-chain data monitoring, they recently added 92,160 ETH to their staking, worth approximately $293 million. This is not a small move—so far, Bitmine has staked over 1.43 million ETH, totaling nearly $4.8 billion.

Judging by this staking scale, Bitmine’s ETH position is indeed quite substantial. The continuous staking operations also reflect the institution’s confidence in the long-term prospects of Ethereum, especially in the current market environment. Such large-scale staking movements often provide some reference for market participants.

ETH5,11%
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LiquidationWizardvip
· 12h ago
Oh my, $4.8 billion, such a move... Bitmine really has all its eggs in the ETH basket.
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NotFinancialAdvicevip
· 12h ago
Wow, this move, a $4.8 billion ETH position... Bitmine is really betting that Ethereum will turn the tide.
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SandwichDetectorvip
· 12h ago
4.8 billion USD worth of ETH positions, you must be very confident in ETH... I'm increasingly unable to understand institutional operations.
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SchrödingersNodevip
· 12h ago
4.8 billion USD invested, these institutions are really betting big.
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probably_nothing_anonvip
· 12h ago
4.8 billion dollars in positions... This guy is really all in. Isn't he afraid of getting caught holding the bag?
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ForkPrincevip
· 12h ago
Still throwing money into staking, this guy really believes in Ethereum... Bitmine's move is indeed aggressive, with a position of 4.8 billion USD. If it were me, I wouldn't be able to sleep. This is how big institutions operate. What does it mean? Should we follow? Staking yields are so attractive, who wouldn't want to earn? Are institutions bottom-fishing or truly believers? Let's put this question aside for now.
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BagHolderTillRetirevip
· 12h ago
4.8 billion USD position... This guy really dares to push, I'm just wondering, what if he dumps so much ETH?
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goker1vip
· 13h ago
I will start the exam at a few o'clock.
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