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Bitmine just moved fast—staking another 186,336 ETH worth $604.5M in just 4 hours. Pretty aggressive accumulation if you ask me.
Here's the bigger picture: Bitmine's total ETH stake position has now crossed 779,488 ETH, sitting at roughly $2.51B in value. That's the kind of firepower that shapes network dynamics and signals serious long-term conviction on Ethereum.
When major holders make these kinds of moves, especially at this velocity, it's worth paying attention. Could mean they're positioning for what's coming next.