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Bitmine stakes a large amount of ETH again, with a total lock-up exceeding $5.7 billion
【Crypto World】On-chain data shows that Tom Lee’s Bitmine fund has just pledged another 171,264 ETH, which is approximately $500 million at current market prices. This is not their first move — according to historical records, Bitmine has accumulated over 1.94 million ETH in staking, with a total market value exceeding $5.7 billion. Such large-scale staking behavior reflects institutional confidence in the long-term prospects of Ethereum and is also a whale signal worth paying attention to in the market. For retail investors, this type of data often reveals the true intentions of smart money.