BitMine made waves with a massive $780M Ethereum stake deployment in less than 48 hours. The institutional move pushed their total ETH staking position well past $1 billion, securing 342,560 tokens in the process. This aggressive accumulation signals serious conviction in Ethereum's staking ecosystem, with implications for network security and validator economics worth watching closely.
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SnapshotDayLaborer
· 13h ago
780M was invested in just 48 hours? BitMine really believes in ETH, a billion-dollar bet is no joke.
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PessimisticLayer
· 13h ago
780M is poured in all at once, this guy really isn't afraid of a drop.
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APY_Chaser
· 13h ago
780M poured in within 48 hours, this move... is it a genuine show of confidence or just throwing a tantrum?
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TokenomicsTinfoilHat
· 13h ago
780M poured in and in place within 48 hours, this move... is quite aggressive. But on the other hand, the fact that institutions are frantically stacking validators may not necessarily be a good thing for small investors in the long run.
BitMine made waves with a massive $780M Ethereum stake deployment in less than 48 hours. The institutional move pushed their total ETH staking position well past $1 billion, securing 342,560 tokens in the process. This aggressive accumulation signals serious conviction in Ethereum's staking ecosystem, with implications for network security and validator economics worth watching closely.