2026-01-13 02:29:33

BitMine's recent operations are indeed impressive. Just now, it staked another 154,208 ETH, worth approximately $477.77 million. Combined with its previous holdings, it now has over 1.34 million ETH locked, which amounts to a scale of $4.15 billion.

This number is quite startling, and it warrants some reflection on the underlying logic.

One possibility is that BitMine has a deep understanding of Ethereum's fundamentals, using large-scale staking with real capital to vote. Another perspective is that staking yields can indeed provide stable income, and locking in revenue during market volatility is also a strategy. But what’s most worth noting is whether such a big move is paving the way for a larger strategic layout.

Regardless of the driving logic, the market is paying attention to this signal. The staking ecosystem of ETH is accelerating in evolution, and every move by major institutions could influence the subsequent rhythm.

ETH0,67%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
4
Repost
Share

Comment

0/400

MysteryBoxOpener

· 9h ago

Damn, 4.15 billion? BitMine is about to take over the entire staking ecosystem. --- Another mega whale surfaces. It seems that big institutions have already been betting. --- Stable staking yields are real, but this scale... it feels like more than just for APY. --- 1.34 million ETH locked, how much confidence does this guy have in ETH? --- While institutions are frantically accumulating, retail investors are still hesitating. No wonder the gap is widening. --- This move either shows confidence in ETH or is laying out a big plan. Anyway, I can't see through it. --- Throwing in 4.15 billion dollars at once—what else would you call a gambler? --- Wait, can this scale really influence the entire staking ecosystem? That’s a bit exaggerated. --- The staking ecosystem is accelerating its evolution, but retail investors are still distressed over a few hundred bucks in gas fees. --- BitMine’s move is filled with the words "I am confident in ETH."

View OriginalReply0

GasFeeTears

· 9h ago

I just want to ask, this must be very optimistic about ETH, 470 million can be spent just like that.

View OriginalReply0

PaperHandsCriminal

· 9h ago

41.5 billion locked, I feel like crying just looking at this paper hand. While others are playing big chess, I'm still debating whether to cut losses or not. BitMine is really ruthless this time. The staking ecosystem is going to be messed up by these institutions. I just want to know when they will make their move. Will I follow or not when the time comes? From the current situation, either they are geniuses or they are just laying the groundwork for some special event. Anyway, I can't see through it. Throwing 470 million in one go—such courage is beyond my reach... Staking yields stable? Laughable. As soon as the market fluctuates, I admit defeat and sell. It's like sending warmth to others. This ETH ecosystem is about to be completely controlled by big whales. What are you doing, BitMine? Our small retail investors' survival space is gone...

View OriginalReply0

RealYieldWizard

· 9h ago

41.5 billion USD this move, BitMine really isn't afraid of immense pressure --- I'm a bit curious whether this is optimism or paving the way for a certain trap... --- I believe in the stability of staking yields, but investing such a large amount at once, we really need to see how it develops --- We need to keep a close eye on this operation, it feels like the market rhythm is about to change --- No way, is it really just for mining staking yields? With such a large amount, there's always a story behind it --- 1.34 million ETH locked in there, betting on Ethereum's long-term bullish outlook

View OriginalReply0