Ethereum staking surpasses one million coins. What does Whale Bitmine's staking imply?

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【Blockchain Rhythm】 Ethereum is making big moves again. Bitmine’s staking volume just surpassed 1 million coins, with a total of 1.032 million ETH locked so far, equivalent to a market value of $3.215 billion. It’s worth noting that this accounts for one-quarter of their total Ethereum holdings of 4.143 million coins — this is no small feat.

Interestingly, because major players like Bitmine continue to increase their staking, the ETH queued for staking has now piled up to 1.778 million coins. Conversely, the exit queue has long been cleared. What does this phenomenon indicate? The market’s enthusiasm for Ethereum staking yields is still heating up, with big players voting with real money.

ETH-1,11%
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TideRecedervip
· 01-09 01:55
The staking queue is stacked like this, indicating that big players really don't want to miss out on this wave of profits. The queue is so long that even the equal signs can't be lined up haha
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hodl_therapistvip
· 01-09 01:51
1 million tokens staked breakthrough? The whales' move this time seems to really treat ETH as an ATM. How attractive must these returns be?
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RadioShackKnightvip
· 01-09 01:44
1,000,000 ETH staked, whales really dare to go all in—how attractive is this yield...
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NftDeepBreathervip
· 01-09 01:39
Are the whales all lurking, while retail investors are still watching the show? This is the real market signal.
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AirdropChaservip
· 01-09 01:39
Whales' moves this time are really bold, throwing in 1,030,000 tokens all at once... How outrageous must the return expectations be to be so reckless?
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