Bit Digital has sent a total of 43,335 $ETH into Lido, amounting to approximately $91.34 million. Actions like this from mining companies usually aren't just about yield; they're also signaling that they want to hold onto these coins and aren't in a rush to sell them off. For $ETH , the short-term circulation pressure will be lighter, and at least this isn't a signal of piling chips onto exchanges.