Bitmine's Ethereum staking scale reaches a new high. According to on-chain data monitoring, this institution has staked a total of 103,200 ETH, surpassing the one million mark, with a current value of up to $3.215 billion at the current price.

What’s more noteworthy is that this 103,200 ETH staked accounts for one-quarter of its total holdings of 414,300 ETH—indicating that Bitmine's layout in the Ethereum ecosystem is already quite deep, not just holding but actively participating in PoS consensus.

An interesting detail is that as large players like Bitmine continue to increase their staking investments, the Ethereum staking queue has already accumulated 1,778,000 ETH waiting to enter the staking pool. This reflects the institution's continued optimism about Ethereum staking yields and also indicates that the current staking demand far exceeds supply, creating a tense situation.