87% are staked—this sell pressure is locked down tight, a typical template example for long-term holders.

CryptoWorld News reports that, according to bitmine, as of May 31, 2026, bitmine’s total Ethereum holdings reached 5.42 million ETH, accounting for 4.49% of the total Ethereum supply. Last week, bitmine increased its holdings by 26,500 ETH. Currently, the total value of bitmine’s cryptocurrencies, cash, and other investment assets is approximately $11.6 billion, including $446 million in cash, 203 Bitcoin, $180 million in beast industries equity assets, and a $9.3 million investment in eightco holdings. bitmine has staked 4.72 million ETH, accounting for more than 87% of its total holdings, valued at about $9.5 billion, with an annualized staking yield of approximately $258 million. Tom