Ethereum staking whale BitMine adds more, with total holdings exceeding 1.19 million ETH

NonFungibleDegen · 2026-01-12T00:24:09+00:00

Ethereum staking institution BitMine increased its holdings by 109,504 ETH on January 12, bringing the total to 1.19 million ETH, valued at nearly $3.7 billion. This move demonstrates the institution's confidence in the long-term value of Ethereum, and the market is paying attention to the underlying logic.

NonFungibleDegen

2026-01-12 00:24:09

Abstract generation in progress

【Blockchain Rhythm】Another major move. On January 12th, the leading staking institution in the Ethereum space, BitMine, increased its holdings again, staking 109,504 ETH at once, which was worth over $340 million at the time. This is no small feat—according to cumulative data, BitMine currently holds over 1.19 million ETH, with a total value approaching $3.7 billion. Such a large position is indeed rare among institutions and also reflects professional players’ long-term view of Ethereum’s value. Every time there is such a large stake, the market pays attention to the underlying logic: is it optimistic about future market trends, or purely driven by yield considerations? The data itself is silent, but each transaction is speaking.

ETH6,06%

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OffchainOracle

· 01-13 07:40

Whales are buying the dip again. Is this hinting at something?

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DAOdreamer

· 01-12 00:52

Looking at BitMine's move, it's really playing a big game of chess.

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YieldWhisperer

· 01-12 00:49

The big whales keep buying, while us retail investors are still hesitating about whether to buy or not. LOL

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Degen4Breakfast

· 01-12 00:43

1.19 million tokens? Damn, this organization is really betting on Ethereum. They just threw 3.7 billion USD into it.

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DuskSurfer

· 01-12 00:42

This guy is bullish on ETH, directly investing 1.19 million tokens. You must be very confident to do that.

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PumpDetector

· 01-12 00:41

ngl bitmine loading another 109k eth feels like institutional flow data i've been tracking... the accumulation phase never sleeps, does it? 🤔 reading between the lines here

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NFTregretter

· 01-12 00:34

1.19 million coins? That's going to take forever to accumulate, really ruthless.

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MidsommarWallet

· 01-12 00:32

Large investors continue to increase their holdings—are they just following the trend or genuinely optimistic?

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