Large investors continue to increase their ETH holdings, adding over 100,000 coins in a single day

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【Blockchain Rhythm】Recently, there is a noteworthy trend—on-chain data shows that the institution BitMine made another move on January 8th, pledging an additional 109,504 ETH in just one day, worth approximately $344.44 million.

Given the scale and frequency, this is not retail investor behavior. More intriguing is their total holdings data: as of now, BitMine has pledged a total of 908,192 ETH, with a total value of up to $2.95 billion.

What does this mean? Large investors are speaking through their actions. Continuous accumulation usually signals two messages: first, confidence in the long-term prospects of ETH; second, at the current price levels, they believe that staking yields and potential appreciation are more worth betting on. Especially with this level of capital operation, no decision is made impulsively.

On-chain whale movements often reflect the true thoughts of market participants in advance. This ongoing accumulation trend is worth traders paying close attention to.

ETH-0,02%
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DecentralizeMevip
· 01-08 05:46
This move by the big players shows they are really optimistic about ETH's long-term prospects. The trading volume of $2.95 billion is no joke.
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screenshot_gainsvip
· 01-08 05:45
Whales are moving, and this rhythm can't keep up...
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MidnightTradervip
· 01-08 05:40
Damn, this guy is adding over 100,000 ETH a day. How bullish does that make him? BitMine's move is pretty aggressive; a market cap of $2.95 billion is no joke. If big players are doing this, what are we hesitating for? Let's join in and get some gains. This rhythm feels off; staking yields plus appreciation potential are truly enticing. Retail investors look at news, big players look at fundamentals— is the gap really that big? Spending $2.95 billion, it can't all be fools, right? This is interesting.
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BlockchainArchaeologistvip
· 01-08 05:24
Damn, BitMine is adding over 100,000 coins in a day? This pace is a bit intense, clearly a bottom-fishing signal. Speaking of which, these big players really dare to make moves, we retail investors need to keep up, it feels like another wave is coming. Pledged amount of 2.95 billion USD? This is no joke, someone is really betting on ETH. Staking yields + appreciation potential, the dual benefits make sense, no wonder so much money is pouring in. Anyway, whale movements are usually reliable, let's wait and see what happens next, there will probably be more follow-ons.
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