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Institutions continue to increase their holdings! Bitmine's daily ETH staking approaches 50,000 ETH, with total holdings exceeding $1.8 billion
【Blockchain Rhythm】 On-chain data shows that the actions of the large staking institution Bitmine have once again attracted market attention. On January 4th, the institution staked 49,088 ETH in one go. Based on the market price at that time, this operation was valued at $152.7 million. This is not an isolated action by Bitmine — according to cumulative data, they have staked a total of 593,152 ETH, with a total value exceeding $1.85 billion.
Such a large position size and the continuous increase reflect institutional investors’ confidence in the long-term value of ETH. In the current market volatility environment, these large and sustained staking operations are often seen as a market sentiment indicator. Onchain Lens’s monitoring data allows us to observe the actual fund flows on the chain more clearly, which is of important reference value for understanding institutional strategies and market dynamics.