Bitmine Locks 118,944 More ETH, Total Staking Reaches 461,000 ETH

CryptoNewsFlash
ETH-3,92%
PENDLE-6,65%
ETHFI-6,79%
ENA-11,24%

  • Bitmine adds 118,944 new ETH to staking, continuing its aggressive accumulation plan.
  • Total ETH staked by the company reaches about 461,000, reflecting growing institutional confidence.

Bitmine has once again increased its aggressive Ethereum exposure. The Ethereum treasury company received 32,938 ETH from FalconX and immediately deposited an additional 118,944 ETH into the Proof-of-Stake network. With this step, the company is not just adding to its holdings but also reinforcing its push into large-scale ETH staking, with deposits now running into the hundreds of millions.

以太坊财库公司 @BitMNR (BMNR) 今天早晨继续购进了 ETH 以及增加了质押:
2 小时前从 FalconX 收到 32,938 枚 ETH ($9760 万),以及把 118,944 枚 ETH ($3.52 亿) 存进了以太坊 PoS 质押。

他们从 12/27 开启质押 ETH 动作以来,到目前 4 天时间里一共已经把 461,504 枚 ETH ($13.68 亿)… https://t.co/qAdmNMCKRl pic.twitter.com/3uAUIl4X3x

— 余烬 (@EmberCN) December 31, 2025

Bitmine Deepens Its ETH Staking Position Rewinding back a few days, since starting staking on December 27, Bitmine has been very aggressive. In just four days, their total staking has reached 461,504 ETH. This figure is equivalent to approximately 11.2% of Bitmine’s total ETH holdings, which stand at approximately 4.11 million coins. Furthermore, this large amount of ETH locked up naturally shrinks the circulating supply in the market. This means the market must accept the fact that more ETH is locked in staking, rather than circulating freely on exchanges. However, the supply issue is not the only issue of interest. Bitmine’s recent moves show that the company is steadily widening its exposure to Ethereum while firming up its footing within the PoS network. Furthermore, this move aligns with Bitmine’s desire to position itself as a major player in staking infrastructure, rather than simply a holder of the asset. Early last December, we reported that the company had increased its ETH holdings by over $150 million through new purchases. Wallets associated with Bitmine at the time acquired 18,345 ETH through BitGo and 30,278 ETH through Kraken, further indicating a consistent buying pattern, not a spur-of-the-moment move. Earlier, on November 9, we highlighted that JPMorgan invested approximately $102 million in Bitmine, based on its 13F-HR filing with US regulators. On the other hand, last week we also noted a different story from Arthur Hayes, who sold most of his ETH holdings and shifted the funds to several DeFi tokens. Hayes reportedly purchased 137,117 PENDLE tokens worth nearly $259,000. He also increased his holdings by purchasing 132,730 ETHFI tokens worth about $93,000 and about 1.22 million ENA tokens worth about $257,500. As of the writing time, ETH is trading at about $2,972.97, slightly up 0.93% over the last 24 hours, with $3.16 billion in daily spot trading volume.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Two New Wallets Withdraw 6,328 ETH Worth $12.98M from Centralized Exchange

Gate News message, two newly created wallets linked to a single entity withdrew 6,328 ETH worth $12.98M from CEX.

GateNews2m ago

Global X launches an Ethereum covered call options ETF, “EHCC”

Gate News, on April 2, the New York–based ETF provider Global X announced the launch of the Global X Ethereum Covered Call Options ETF (ticker: EHCC). The ETF uses an options strategy to provide exposure to Ethereum-related investments, aiming to generate returns without directly holding digital assets. Global X said this is its first fund created in connection with a cryptocurrency other than Bitcoin.

GateNews27m ago

ETH 15-minute surge up 0.92%: On-chain transaction volume spikes and whale transfers drive the breakout

From 2026-04-02 13:45 to 2026-04-02 14:00 (UTC), the ETH price showed a clear move. The 15-minute candlestick return was +0.92%. It traded in a range of 2018.99 - 2040.78 USDT with an amplitude of 1.08%. During this period, on-chain activity increased significantly: the number of transactions grew by 18% compared with the previous hour. Capital flows accelerated noticeably, and rising market attention contributed to heightened volatility. The main driving force behind this move came from the flow of large on-chain funds and whale activity. In the short term, whale addresses transferred to a certain large wallet or exchange, indicating active accumulation or distribution, which further amplified market fluctuations.

GateNews46m ago

CME Group March crypto futures average daily trading volume rose 19%, reaching a notional value of $7.98 billion

The CME Group released March cryptocurrency futures contract data, with average daily trading volume reaching 210,000 contracts, up 19% month over month. Micro Bitcoin futures saw an average daily increase of 6%, while Ethereum futures rose 53%. Overall futures contract trading hit a new monthly high, up 33% year over year. Average daily trading volume in Q1 also reached a new quarterly high.

GateNews2h ago
Comment
0/400
No comments