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#Bitmine Keeps Locking It Up , $ETH Supply Getting Tighter.
Bitmine just staked another 106,200 Ethereum (~$244M), pushing its total staked balance to 3,920,445 ETH (~$8.97B), that’s now 77.2% of its entire holdings.
at this point, it’s not just accumulation anymore, it’s aggressive supply absorption. by continuously staking such a large share, Bitmine is effectively removing ETH from liquid circulation while earning yield on top of it.