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2026-04-22 17:09:00

What I care more about is: with such a large amount entering staking, will it affect the concentration of validators in the future.

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CryptoFrontier2026-04-22 09:12:38

BitMine Stakes $141.95M ETH via Coinbase Prime

Abstract: BitMine staked roughly 61,000 ETH via Coinbase Prime, signaling a long-term, institutional commitment to Ethereum and a yield-generation strategy that locks up value. Holding over 1 million ETH (about 4% of supply), the move underscores confidence in Ethereum’s role in financial infrastructure and a multi-year horizon.

Summary: BitMine staked ~61,000 ETH (worth $141.95M) via Coinbase Prime, signaling a long-term Ethereum bet and yield pursuit. With >1M ETH locked (about 4% supply), the move reduces tradable supply and shows institutional conviction.

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