Bitmine Stakes $320M in ETH, Lifting Staked Share Above 70%

Bitmine staked about $320 million of ETH in the past 24 hours, lifting the staked share of its holdings above 70%. On-chain data showed about 75,600 ETH moved to Coinbase Prime early Thursday after about 61,200 ETH was allocated on Wednesday. Lookonchain said Bitmine has now staked about 3.5 million ETH worth about $8.1 billion.

ETH-0.54%
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