2026-01-08 05:24:24

On-chain data reveals an interesting phenomenon. Cryptocurrency mining and staking service provider BitMine recently completed a major Ethereum staking operation—injecting 19,200 ETH into the network. Based on current market prices, this asset is valued at approximately $60.85 million. This is no small feat; after the update, the total staked ETH disclosed publicly by BitMine has reached 827,008 ETH, with a total value approaching $2.62 billion.

Interestingly, such actions are occurring frequently. From a market perspective, large entities engaging in staking at this scale are undoubtedly betting on Ethereum's long-term prospects, while also enjoying the benefits of the staking mechanism. Since Ethereum's transition from PoW to PoS, does this sustained institutional-level deployment indicate that more capital is quietly entering the market? This is a question worth pondering.

Of course, the market always carries risks.

ETH0,54%

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SmartContractWorker

· 01-11 00:34

bitmine's move is indeed impressive, with a staking amount of 2.6 billion USD on display here. Institutions are betting, while retail investors are still debating whether to follow.

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LiquidityWitch

· 01-10 12:48

the BitMine ritual continues... 827k eth locked in their alchemical vault? that's not institutional confidence, that's a liquidation sacrifice waiting to happen. what arcane yields are they brewing here tbh

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PumpBeforeRug

· 01-09 10:12

Wow, over 800 million ETH staked. How much staking reward does that earn? I'm jealous.

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MerkleMaid

· 01-08 05:53

BitMine's move is really aggressive, pouring 2.6 billion USD directly into PoS, institutions are quietly accumulating.

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AirdropHunter420

· 01-08 05:52

BitMine's move is really a big gamble on ETH's long-term rise. The signals of institutional accumulation are becoming more and more obvious, and we retail investors need to keep up with the pace. The staking dividend seems to be really coming. But on the other hand, with $2.6 billion invested, the risk is also very real. Wait, when is this data from? Are there any new developments recently? It feels like PoS has really changed the game, and big funds are now positioning themselves. I just want to know when it's our turn as small retail investors to make money haha.

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GateUser-beba108d

· 01-08 05:46

BitMine's move is really aggressive; a staking scale of 2.6 billion dollars directly indicates that institutions are betting on the future of ETH. The signal of institutions bottoming out is becoming more and more obvious. Is this a good thing or a trap... I'm a bit unsure. Staking yields are indeed attractive, but with large funds pouring in, it always feels like something's off. To put it simply, it's all about who runs first; the risk is always there.

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GasGuzzler

· 01-08 05:45

BitMine's move is intense, directly investing over 60 million, truly treating ETH as a long-term business. With institutions staking so aggressively, I think either they know something we don't, or they're just earning staking rewards... It's really tempting to watch. 8.27 million ETH, oh my god, that must be a huge amount of liquidity. But on the other hand, such large-scale staking operations are happening frequently, so it’s true—money makes things easier. Wait, if everyone is so crazy about entering the market, should I increase my position... No, no, risk risk, better to play it safe.

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Degen4Breakfast

· 01-08 05:41

BitMine's move... $2.6 billion worth of staking, truly a heavy bet The signal of institutions bottoming out is so obvious, retail investors are still on the sidelines In the PoS era, big fish eat small fish, staking yields are really attractive Long-term ETH enthusiasts have started to position themselves, this rhythm is quite interesting Stable income + bullish outlook, no wonder institutions are quietly making big profits

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gas_fee_therapist

· 01-08 05:35

BitMine this move is really aggressive, 2.6 billion USD worth of ETH staked. Are they betting that Ethereum will always go up? The feeling that institutions are moving in collectively is becoming more obvious. By the way, the risk aspect really needs to be thoroughly understood. 82.7 million ETH, wow. What if they dump the market? Major capital is quietly increasing their positions, while we retail investors are still debating whether to go all in. Staking yields look quite attractive, but there must be some insider knowledge behind this scale of operation. This pace suggests that the era of whales dominating the PoS space is beginning. Honestly, I bet BitMine knows something we don’t about this move.

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IronHeadMiner

· 01-08 05:29

Institutions' recent moves are indeed quite aggressive; a staking scale of 2.6 billion USD is no joke. BitMine played their hand well, but the question is... do retail investors still need to buy the dip? The risk is right here; if they dare to push so many chips, I just want to see how the market will move. Basically, it's a gamble on ETH's future, and this rhythm is indeed a bit interesting. Is the signal of collective institutional entry the right time to jump in? Still undecided.

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