The Ethereum ecosystem has once again reached a new staking milestone. According to the latest data, major staking institution Bitmine has deposited over 1.03 million ETH into the PoS staking network, with the current exact number at 1.032 million ETH, which is approximately valued at $3.215 billion at current prices. This staked amount accounts for exactly one-quarter of Bitmine's total ETH holdings (4.143 million ETH).
Notably, large-scale institutional staking activities have directly extended the entry waiting queue. As of now, the ETH waiting to be staked has accumulated to 1.778 million, reaching a new high. Meanwhile, the exit queue has been completely cleared, indicating that market enthusiasm for staking yields remains high, and few people are choosing to unstake. This phenomenon reflects the confidence of institutions and participants in the long-term prospects of Ethereum.
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.
27 Likes
Reward
27
10
Repost
Share
Comment
0/400
GateUser-e87b21ee
· 15h ago
Wow, 1,778,000 coins are in line. How passionate is that!
View OriginalReply0
GasWaster
· 23h ago
Wait, is clearing the exit queue a good thing? It seems a bit congested to me...
View OriginalReply0
Liquidated_Larry
· 01-11 01:36
Whoa, 1,778,000 coins in line? That's going to take forever until the Year of the Monkey!
View OriginalReply0
StakeOrRegret
· 01-09 05:54
Wow, 1,778,000 tokens queued for staking? I've never seen this level of enthusiasm before.
View OriginalReply0
SnapshotLaborer
· 01-09 05:48
Institutions are stockpiling again, and retail investors still have to wait in line.
View OriginalReply0
BoredRiceBall
· 01-09 05:48
Damn, it's another institution stockpiling, while retail investors are still lining up to get in.
View OriginalReply0
AirdropJunkie
· 01-09 05:43
Laughing out loud, it's again institutions hoarding coins, while retail investors are still in line.
View OriginalReply0
MemeTokenGenius
· 01-09 05:43
Institutions are all lurking; what does this tell us?
View OriginalReply0
FlashLoanLarry
· 01-09 05:30
ngl the queue dynamics here are fascinating—177.8m waiting in while exit queue sits empty? that's peak capital utilization signaling right there. bitmine literally just locked 25% of their stack, opportunity cost be damned
Reply0
DeadTrades_Walking
· 01-09 05:24
Are you stacking ETH again? The line is getting longer and longer.
The Ethereum ecosystem has once again reached a new staking milestone. According to the latest data, major staking institution Bitmine has deposited over 1.03 million ETH into the PoS staking network, with the current exact number at 1.032 million ETH, which is approximately valued at $3.215 billion at current prices. This staked amount accounts for exactly one-quarter of Bitmine's total ETH holdings (4.143 million ETH).
Notably, large-scale institutional staking activities have directly extended the entry waiting queue. As of now, the ETH waiting to be staked has accumulated to 1.778 million, reaching a new high. Meanwhile, the exit queue has been completely cleared, indicating that market enthusiasm for staking yields remains high, and few people are choosing to unstake. This phenomenon reflects the confidence of institutions and participants in the long-term prospects of Ethereum.