BitMine Ethereum Staking Grows to 4.88M ETH After $248M Addition

BitMine has added another 160,480 ETH to its staking reserves, worth approximately $248.7 million, according to recent on-chain activity.

The latest allocation lifts the firm’s total staked position to 4.88 million ETH, valued at around $7.56 billion. With this move, roughly 86% of BitMine’s total holdings are now actively staked across the network.

Source: Lookonchain