Bitmine Locks 118,944 More ETH, Total Staking Reaches 461,000 ETH

CryptoNewsFlash
ETH-2,92%
PENDLE-5,01%
ETHFI-5,71%
ENA-5,98%

  • Bitmine adds 118,944 new ETH to staking, continuing its aggressive accumulation plan.
  • Total ETH staked by the company reaches about 461,000, reflecting growing institutional confidence.

Bitmine has once again increased its aggressive Ethereum exposure. The Ethereum treasury company received 32,938 ETH from FalconX and immediately deposited an additional 118,944 ETH into the Proof-of-Stake network. With this step, the company is not just adding to its holdings but also reinforcing its push into large-scale ETH staking, with deposits now running into the hundreds of millions.

以太坊财库公司 @BitMNR (BMNR) 今天早晨继续购进了 ETH 以及增加了质押:
2 小时前从 FalconX 收到 32,938 枚 ETH ($9760 万),以及把 118,944 枚 ETH ($3.52 亿) 存进了以太坊 PoS 质押。

他们从 12/27 开启质押 ETH 动作以来,到目前 4 天时间里一共已经把 461,504 枚 ETH ($13.68 亿)… https://t.co/qAdmNMCKRl pic.twitter.com/3uAUIl4X3x

— 余烬 (@EmberCN) December 31, 2025

Bitmine Deepens Its ETH Staking Position Rewinding back a few days, since starting staking on December 27, Bitmine has been very aggressive. In just four days, their total staking has reached 461,504 ETH. This figure is equivalent to approximately 11.2% of Bitmine’s total ETH holdings, which stand at approximately 4.11 million coins. Furthermore, this large amount of ETH locked up naturally shrinks the circulating supply in the market. This means the market must accept the fact that more ETH is locked in staking, rather than circulating freely on exchanges. However, the supply issue is not the only issue of interest. Bitmine’s recent moves show that the company is steadily widening its exposure to Ethereum while firming up its footing within the PoS network. Furthermore, this move aligns with Bitmine’s desire to position itself as a major player in staking infrastructure, rather than simply a holder of the asset. Early last December, we reported that the company had increased its ETH holdings by over $150 million through new purchases. Wallets associated with Bitmine at the time acquired 18,345 ETH through BitGo and 30,278 ETH through Kraken, further indicating a consistent buying pattern, not a spur-of-the-moment move. Earlier, on November 9, we highlighted that JPMorgan invested approximately $102 million in Bitmine, based on its 13F-HR filing with US regulators. On the other hand, last week we also noted a different story from Arthur Hayes, who sold most of his ETH holdings and shifted the funds to several DeFi tokens. Hayes reportedly purchased 137,117 PENDLE tokens worth nearly $259,000. He also increased his holdings by purchasing 132,730 ETHFI tokens worth about $93,000 and about 1.22 million ENA tokens worth about $257,500. As of the writing time, ETH is trading at about $2,972.97, slightly up 0.93% over the last 24 hours, with $3.16 billion in daily spot trading volume.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Whale Opens 7,000 ETH Long Position With 20x Leverage, Worth $16.34M

Gate News message, April 23 — A whale address starting with 0xa875 opened a 20x leveraged long position on Ethereum an hour ago, according to Onchain Lens. The position comprises 7,000 ETH valued at approximately $16.34 million at an average entry price of $2,350. The position is currently underwate

GateNews1h ago

Whale Opens 25x Leveraged ETH Short Position Worth $5.15M, Plans Liquidation Between $2,343 and $2,280

Gate News message, April 23 — A whale address starting with 0x3bc opened a 25x leveraged short position on ETH over the past three hours, worth $5.15 million with an average entry price of $2,343, according to Hyperinsight monitoring. After the position moved into a 10% loss, the address placed a t

GateNews2h ago

Aave Ethereum Frozen Amid USDC Liquidity Crisis; Circle Proposes Emergency Rate Hike to 48%

Gate News message, April 23 — Aave's Ethereum platform has been frozen for nearly four days as USDC utilization reached 99%, locking approximately $1.86 billion in user funds. Circle's chief economist, Gordon Liao, has proposed an emergency governance intervention to address the crisis, marking a ra

GateNews2h ago

Market maker GSR listed BESO ETF, tracks BTC, ETH, and SOL, and provides staking rewards

Institutional crypto market maker GSR launched its first crypto exchange-traded fund, the GSR Crypto Core3 ETF (ticker: BESO), on April 22. The fund tracks three assets: Bitcoin, Ethereum, and Solana, charges a management fee of 1%, and offers staking incentives. According to Nasdaq data, BESO’s trading volume on its first day was 185,574 shares, with a trading value of about $4.8 million.

MarketWhisper4h ago

Ethereum Spot Volume Surges 72%, Traders Eye $2,600 Liquidity Gap

Abstract: Ethereum's perpetual futures show robust buying pressure, with 24h net taker volume at $5.5B and the highest 30-day average since July 2022. ETH tests $2,400 and eyes a liquidity zone at $2,475–$2,634 as EMAs rise; CVD sits around $12.6B with neutral funding, suggesting a near-term liquidity target in that range. ETH perpetual futures show strong buying with $5.5B 24h net taker volume and a 30-day high; ETH tests $2,400, aiming for $2,475–$2,634 liquidity zone as EMAs rise; CVD ~ $12.6B, funding neutral.

GateNews5h ago

Whale @0x58bro Deposits $6.64M in ETH to CEX Within 24 Hours

Gate News message, whale @0x58bro deposited 2,791 ETH ($6.64M) into CEX in the past 24 hours. Total deposits reached 3,811 ETH ($9.03M) into CEX over the past month. The whale now holds only 0.5 ETH onchain. The whale still maintains ETH (25x) and BTC (40x) short positions.

GateNews5h ago
Comment
0/400
No comments