Major institutional move on Ethereum: BitMine just staked another 186,560 ETH into the Beacon Chain, valued at approximately $615 million. This brings their total ETH holdings locked in staking to 1.53 million coins. The continuous accumulation signals strong confidence in Ethereum's long-term value proposition and its proof-of-stake economics. Such large-scale validator participation reinforces the network's security infrastructure while these institutions benefit from staking yields.
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
5
Repost
Share
Comment
0/400
AirdropHermit
· 7h ago
Brothers, BitMine's move this time is really solid. Investing over 1.5 billion yuan shows that institutions have a clear understanding.
View OriginalReply0
MondayYoloFridayCry
· 7h ago
Institutional bottom-fishing signals are at their peak. Should we follow up this time or wait for a dip?
View OriginalReply0
AirdropFatigue
· 7h ago
Another big whale is throwing money, this time with a $615 stance. Can't hold it anymore.
View OriginalReply0
ClassicDumpster
· 7h ago
Once again, they are cutting into our retail investors' chips. Institutions really know how to do the math.
View OriginalReply0
ForkLibertarian
· 8h ago
Institutions are all lurking, what are we still hesitating for?
Major institutional move on Ethereum: BitMine just staked another 186,560 ETH into the Beacon Chain, valued at approximately $615 million. This brings their total ETH holdings locked in staking to 1.53 million coins. The continuous accumulation signals strong confidence in Ethereum's long-term value proposition and its proof-of-stake economics. Such large-scale validator participation reinforces the network's security infrastructure while these institutions benefit from staking yields.