2026-01-11 03:20:43

On-chain data tracking shows that the large staking institution BitMine recently increased its holdings by 86,400 ETH, which is approximately $2.66 billion at current prices.

After this operation, BitMine's total position in Ethereum staking reached 1,052,192 ETH, with a total value surpassing $3.25 billion. As a major institutional staker in the market, its continuous accumulation behavior reflects a positive outlook on the long-term value of Ethereum.

Such large-scale staking operations also indicate institutional confidence in the security and stable returns of the ETH ecosystem in the current market environment. As more institutions join the staking ranks, the topic of validator centralization on the Ethereum network has once again come into focus.

ETH5,92%

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GasFeeSobber

· 16h ago

Institutional bottom-fishing is back again. This time, BitMine directly spent 266 million dollars to buy ETH. I really can't hold back... How optimistic must they be, brothers? Large funds are accumulating, while retail investors are anxious. It's always the same story... Validator concentration is about to be criticized again, but that's just how institutions operate. What can you do?

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HodlVeteran

· 16h ago

Oh no, it's big institutions accumulating again. Retail investors, let's just watch the show here. When institutions go all-in, I can't help but think of the years I chased highs... A position of $3.25 billion, that's really playing big. Validator concentration? Bro, I don't really understand these things. I only know big fish eat small fish, small fish eat shrimp, and we're just the shrimp. Eating 266 million in one go, such guts... I need to have another cup of tea to calm my nerves.

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SandwichDetector

· 01-12 07:20

Signals of institutional bottom-fishing? BitMine's move definitely shows confidence. Major investors are accumulating ETH, while ordinary people are still hesitating, lol. Concentration is increasing again... feels a bit risky. Whether staking yields are stable depends on subsequent developments. Is this a prelude to a price rally? Haha

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DeFi_Dad_Jokes

· 01-11 03:49

Big institutions are really throwing money wildly... The concentration is becoming more and more outrageous, isn't it just a different way to let Lido continue to dominate?

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SolidityNewbie