Ethereum treasury management firm Bitmine is very active. Recently, they made a large purchase of 24,068 ETH through FalconX in just 10 hours, spending approximately $80.57 million. This transaction reflects the continued optimism of institutions towards Ethereum.



What’s more noteworthy is Bitmine’s recent staking strategy. As of now, they have locked over 1.7 million ETH for staking, worth up to $5.65 billion. Considering their total ETH holdings of 4.17 million, the staked portion accounts for about 40%. This figure indicates that the institution is not only accumulating coins but also earning stable income through staking, demonstrating a deep level of participation in the Ethereum ecosystem.
ETH-6,87%
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CodeZeroBasisvip
· 01-17 14:30
Institutions are staking ETH to earn yields, this idea makes sense.
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just_here_for_vibesvip
· 01-16 23:31
10 hours to acquire 24,000 ETH, this move is really impressive. What game are the institutions playing? Staking 1.7 million ETH isn't enough; they have to lock in 40% as well. Are they truly optimistic or just anxious about returns? Bitmine's recent move is indeed heavy-handed. The depth of ecosystem participation is a bit vague—it's basically betting on ETH to rise. Putting so many coins in, if the direction reverses, it could be awkward. How is their risk management? Big institutions always act faster than retail investors. Looks like we need to keep an eye on their next move.
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BearMarketSurvivorvip
· 01-16 01:19
Sweeping 24,068 ETH in 10 hours? This pace is really unsustainable. What is the institution hinting at?
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CoconutWaterBoyvip
· 01-16 01:19
Dropping over a billion dollars within 24 hours—can we slow down this pace? Haha
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SellTheBouncevip
· 01-16 01:11
Institutions are疯狂ly accumulating coins at high levels... This is the signal I need to reverse my操作, there's always a lower point waiting.
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NotFinancialAdvicevip
· 01-16 01:08
Wow, 24,000 ETH in 10 hours? This move... institutions have already placed their bets. Institutions are疯狂质押40% of their holdings. Are they really optimistic or just betting on the future? Bitmine's recent move is truly aggressive, with a staking scale of $5.65 billion. How confident they must be. Basically, big players are voting with real money, while retail investors are still debating whether to buy or not. This kind of institutional-level布局, retail investors can only watch and enjoy the show. With such a high staking ratio, it feels like they are preparing for the long term.
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HackerWhoCaresvip
· 01-16 00:53
Wow, 1.7 million ETH staked, how idle must they be?
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