On-chain data monitoring shows that the Ethereum staking ecosystem is experiencing new developments. The corporate treasury Bitmine continued to increase its Ethereum holdings today — two hours ago, it acquired 32,938 ETH from FalconX, worth approximately $97.6 million. More importantly, the institution simultaneously deposited 118,944 ETH into the PoS staking contract, locking in $352 million.
Since launching the staking program on December 27, Bitmine's series of actions indicate that the institution remains quite optimistic about Ethereum's long-term prospects. Continuous buying and staking not only reflect confidence in the ecosystem's fundamentals but also demonstrate that large funds are still positioning themselves in mainstream assets under the current market environment. Transactions of this institutional level often have subtle impacts on Ethereum's liquidity and staking data.
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.
12 Likes
Reward
12
7
Repost
Share
Comment
0/400
PrivateKeyParanoia
· 6h ago
Big institutions are quietly accumulating again; pouring in 350 million really shows no fear
View OriginalReply0
NFTArchaeologist
· 6h ago
Big whales are starting to stock up again, it seems they are still optimistic about Ethereum.
Bitmine's move is definitely a bottom-fishing strategy.
Institutions invested 350 million into the staking pool, I really didn't expect that.
They bought 97.6 million in one go, you must be very confident to do that.
Staking yields are stable, but locking up for so long feels not worth it.
Large funds are deploying, retail investors are still debating when to buy.
With so much ETH poured in, liquidity might deteriorate.
Looking at this trend, will Ethereum take off in 2025?
Bitmine is betting on Ethereum's future, but the chances of betting wrong are also quite high.
Everyone says institutions are optimistic about the fundamentals, but the price still hasn't shown much improvement.
View OriginalReply0
NftBankruptcyClub
· 6h ago
Large investors are accumulating again, this time directly locking in 350 million, impressive.
Bitmine's move this time is truly a gamble that ETH can rise, pouring real money into it.
As for staking, it depends on whether the yield is worth it; anyway, I'm trapped haha.
The institutional bottom-fishing rhythm is back, retail investors should be panicking...
97.6 million in hand, the next step depends on whether they can rally the market, otherwise it will be under long-term pressure.
These kinds of moves look intimidating, but the real factor that can change expectations still depends on the price.
Staking contracts have added another 350 million... could this instead increase selling pressure?
View OriginalReply0
CounterIndicator
· 6h ago
Large institutions are疯狂抄底, retail investors are still hesitating, what a gap
Bitmine's move is quite aggressive, locking in 352 million directly, not afraid of risks at all
I'm optimistic, but I'm worried I don't have enough bullets
Large institutions are making big purchases and pledges, what does that mean... it means someone has already gone all in
It's another story of big institutions布局, when can we small investors catch this train
Buying over 97 million ETH in one go, is it real? This courage is unmatched
With such attractive pledge yields, no wonder they can't sit still
View OriginalReply0
BlockEvangelist
· 6h ago
Even fools can see it—Ethereum is about to plummet, and institutions are staking to recover their losses.
View OriginalReply0
View More
GateUser-e87b21ee
· 6h ago
Big institutions are really aggressive this time, locking in $350 million directly. It seems they are truly optimistic about Ethereum's long-term prospects.
On-chain data monitoring shows that the Ethereum staking ecosystem is experiencing new developments. The corporate treasury Bitmine continued to increase its Ethereum holdings today — two hours ago, it acquired 32,938 ETH from FalconX, worth approximately $97.6 million. More importantly, the institution simultaneously deposited 118,944 ETH into the PoS staking contract, locking in $352 million.
Since launching the staking program on December 27, Bitmine's series of actions indicate that the institution remains quite optimistic about Ethereum's long-term prospects. Continuous buying and staking not only reflect confidence in the ecosystem's fundamentals but also demonstrate that large funds are still positioning themselves in mainstream assets under the current market environment. Transactions of this institutional level often have subtle impacts on Ethereum's liquidity and staking data.