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Ethereum whale big move: Bitmine invests an additional $500 million in staking
【CoinPush】Ethereum treasury company Bitmine has recently added another 154,304 ETH, which is approximately valued at $519.76 million at current prices. This staking is a reflection of Bitmine’s continued commitment—so far, they have locked a total of 1,685,088 ETH, with a total scale approaching $5.65 billion.
More interestingly, in the past 48 hours alone, Bitmine has staked over 340,000 ETH consecutively. This series of actions indicates that at this current Ethereum ecosystem development stage, institutional confidence in the long-term value of Ethereum remains solid. Large-scale staking inflows mean market participants are voting with real money, and such on-chain data changes are worth ongoing attention.