Blockchain monitoring data shows that the foreign staking network is strengthening its position. Bitmine has accumulated an impressive total of 154,176 ETH tokens dedicated to blockchain quality staking today, which translates to approximately $451 million under current market conditions.
Considering the current ETH valuation at $3.22K, this amount represents a significant contribution to the proof-of-stake Ethereum ecosystem.
It is worth noting that entities like Bitmine systematically expand their holdings. According to historical data, the operator already manages a wallet containing 4.066 million ETH, placing it among the leading staking service providers in the industry.
Concentrating such an amount of Ethereum capital in staking by a single operator demonstrates the growing interest in passive income from held tokens, especially in the context of network stability and the continuously increasing benefits of quality staking arrangements.
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.
Bitmine has achieved significant scaling: over 154,000 ETH locked in quality staking
Blockchain monitoring data shows that the foreign staking network is strengthening its position. Bitmine has accumulated an impressive total of 154,176 ETH tokens dedicated to blockchain quality staking today, which translates to approximately $451 million under current market conditions.
Considering the current ETH valuation at $3.22K, this amount represents a significant contribution to the proof-of-stake Ethereum ecosystem.
It is worth noting that entities like Bitmine systematically expand their holdings. According to historical data, the operator already manages a wallet containing 4.066 million ETH, placing it among the leading staking service providers in the industry.
Concentrating such an amount of Ethereum capital in staking by a single operator demonstrates the growing interest in passive income from held tokens, especially in the context of network stability and the continuously increasing benefits of quality staking arrangements.