Lido stVaults Launches to Boost Ethereum Staking Efficiency

Bitmine scans an additional 51,000 ETH, with total holdings soaring to 4.42 million coins! Tom Lee: The three main fundamentals support Ethereum

Bitmine increased its holdings by over 51,000 ETH this week, bringing the total to 4.42 million ETH, accounting for 3.66% of the global supply. Chairman Tom Lee believes that the value of Ethereum will rise in the future and points out three major fundamental drivers, including Wall Street tokenization, artificial intelligence applications, and the creator economy transitioning to blockchain. Additionally, Bitmine has staked approximately 3.04 million ETH, with expected annual yields to further increase.

Wintermute: The level that ETH truly needs to watch is around $1,600, and institutional demand has not yet returned.

Wintermute Market Report shows that BTC has recently failed multiple times to break through $70,000, with volatile price movements and thin liquidity. ETH has fallen below $1,900, with attention on the psychological level of $1,600. Institutional demand has not returned, market confidence is lacking, and trading activity is predominantly selling. Although high-net-worth investors have shown brief interest in some altcoins, this interest has not persisted. The overall market is not ready to make proactive moves.

Capital withdrawal accelerates! US Bitcoin and Ethereum ETFs see over $250 million in net outflows in a single day, with institutional sentiment clearly weakening.

February 24 News, there is a clear redemption wave in US spot Bitcoin and spot Ethereum ETFs. Data shows that on that day, the net outflow from the spot Bitcoin ETF was approximately $204 million, while the spot Ethereum ETF also saw an outflow of $49.48 million, with a total daily capital outflow of $253 million. This large-scale capital withdrawal occurred after Bitcoin's price briefly fell below the critical $65,000 level, combined with macroeconomic uncertainties caused by expectations of US tariff policies, leading to a significant decline in risk appetite in the crypto market.

Ethereum Foundation Launches 70,000 ETH Staking Program, Vault Revenue Model Fully Upgraded

February 24 News, the Ethereum Foundation has officially launched its vault staking program, with the first batch of approximately 70,000 ETH already staked. The staking rewards generated will be directly funneled back into the Foundation's vault. This move aligns with its previously announced vault management policy, marking the start of the institutional-level native Ethereum staking strategy into practical implementation, and also strengthening the long-term sustainability of funds. In terms of technical architecture, the Foundation has chosen the open-source distributed signer Dirk and verification coordinator software Vouch as a combined solution. Dirk deploys signing nodes across different regions to reduce single points of failure and enhance system resilience; Vouch supports a hybrid configuration of multiple beacon clients and execution clients to mitigate potential network risks caused by client centralization. Additionally, its validator infrastructure adopts a minority client strategy and combines custodial resources with self-built hardware deployments across multiple jurisdictions to improve decentralization and operational stability.

Bitmine buys the dip again! Tom Lee is optimistic about Ethereum with "three major bullish factors" supporting it

Bitmine Immersion Technologies increased its holdings by 51,162 ETH, bringing the total to 4.42 million ETH, accounting for 3.66% of the total supply. The market value is approximately $8.7 billion, making it the publicly listed company with the largest ETH holdings worldwide. Chairman Tom Lee stated that the reason for holding ETH is optimistic about its future potential, and 68.7% of the ETH has been staked, which is expected to generate substantial passive income.