【BiTu】Big moves in the Ethereum ecosystem. The largest ETH crypto treasury operator, BitMine, has just reached a milestone—staking ETH surpassing 1 million coins. To put this into perspective, their entire treasury now holds over 4 million ETH. What does this mean? Yesterday, they added another 86,400 coins, bringing the total staked to 1,080,512 ETH. At the current price, this is roughly $3.3 billion.
Even more interesting is the yield aspect. With a staking return rate of 2.81%, this staking system can generate approximately $94.4 million worth of ETH rewards annually. In other words, earning passively. The large-scale staking and continuous accumulation reflect, to some extent, institutional confidence in ETH’s long-term value.
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MercilessHalal
· 13h ago
1 million tokens staked? BitMine's move is truly brilliant. The interest alone amounts to nearly 100 million in a year. How else can you play this?
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BlockImposter
· 13h ago
Throwing in 1 million coins directly, this pace is a bit fierce. BitMine is about to take over half the street.
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GetRichLeek
· 13h ago
Wow, with BitMine's pace, $3.3 billion just sitting there earning $94.4 million annually? Why am I still losing money here?
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GateUser-9ad11037
· 13h ago
1 million tokens staked and unlocked! BitMine's move is truly impressive. The institutions haven't stopped adding positions, huh? With this pace... it seems everyone's holding back their energy.
ETH staking volume surpasses 1 million ETH, BitMine's annual revenue approaches $100 million
【BiTu】Big moves in the Ethereum ecosystem. The largest ETH crypto treasury operator, BitMine, has just reached a milestone—staking ETH surpassing 1 million coins. To put this into perspective, their entire treasury now holds over 4 million ETH. What does this mean? Yesterday, they added another 86,400 coins, bringing the total staked to 1,080,512 ETH. At the current price, this is roughly $3.3 billion.
Even more interesting is the yield aspect. With a staking return rate of 2.81%, this staking system can generate approximately $94.4 million worth of ETH rewards annually. In other words, earning passively. The large-scale staking and continuous accumulation reflect, to some extent, institutional confidence in ETH’s long-term value.