2026-01-12 21:23:00

Renowned investor Tom Lee's BitMine has recently made another big move—continuing to increase its Ethereum holdings. This time, they purchased 24,266 ETH, bringing BitMine's total Ethereum holdings close to 4.2 million.

What’s more noteworthy is that this move coincided precisely with a surge in BitMine’s staked ETH. From the numbers, the staked amount nearly doubled, which not only indicates institutional confidence in Ethereum’s long-term prospects but also visually reflects their growing influence within the ecosystem.

The continuous accumulation actions by major institutions often reflect the market’s true attitude toward a leading cryptocurrency. Whether it’s BTC, BNB, or ETH, changes in institutional allocations of these top assets tend to attract the market’s attention. BitMine’s actions precisely demonstrate that Ethereum’s importance and appeal within the crypto ecosystem remain undiminished.

ETH-0,57%

BTC1,5%

BNB-0,39%

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0xSherlock

· 01-12 21:52

Big institutions are so aggressive; doubling the staking amount directly takes off. It seems no one dares to short ETH.

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PanicSeller

· 01-12 21:49

The big whales are quietly making moves again, 4.2 million ETH... retail investors need to keep up with the pace. When institutions are frantically staking, it shows they are genuinely optimistic, not just talk. Doubling the staking amount is no small feat; their influence is growing stronger. Tom Lee's recent actions are telling us that ETH is still far from reaching its ceiling.

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HackerWhoCares

· 01-12 21:25

4.2 million ETH, that's a pretty shocking number... Institutions are really going all in. --- Staking doubled? That means they never intended to sell, their confidence is a bit excessive. --- Once again, big institutions are quietly accumulating coins, retail investors are still debating whether to buy or not, and the gap is widening. --- Buying 240,000 ETH in one go, such a move... I can't even exchange my half-year salary for that. --- Wait, 4.2 million ETH? Are they trying to manipulate the market? --- Their influence is growing stronger, it sounds like they are gradually taking control of the ecosystem... It's a bit uncomfortable. --- Tom Lee's recent moves suggest he really believes in ETH's long-term prospects, otherwise he wouldn't do this. --- Doubling staking and adding 24k positions, this signal is actually a bit obvious... --- Why do I feel like institutions are bottom-fishing? Or am I misunderstanding?

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CryptoSurvivor

· 01-12 21:25

Tom Lee's move... 4.2 million ETH. How confident must he be to risk such a big bet? Is the staking amount doubling? Really? What could he be hinting at? Institutional accumulation = positive? I don't think so. Large investors have long been harvesting the latecomers who bought high.

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