According to ChainCatcher, after Ethereum treasury firm Bitmine deposited an additional 82,560 ETH into the Ethereum staking system, its total staked ETH has increased to 544,064 ETH, valued at approximately $1.62 billion at current prices. Due to Bitmine's recent accelerated staking activities, the Ethereum validator queue has now grown to about 977,000 ETH, with the estimated waiting time for new validators approaching 17 days. The amount of ETH in the withdrawal queue also exceeds 113,000 ETH. Ethereum network data shows that over 35.5 million ETH has been staked at this stage, accounting for about 29% of the total supply, with an annualized staking yield approaching 2.54%.
Bitmine Boosts Staking with 82,560 ETH, Validator Queue Reaches 977,000 ETH
KuCoinFlashShare






ETH news: Bitmine, an Ethereum treasury firm, added 82,560 ETH to its staking system, raising its total staked ETH to 544,064, valued at around $1.62 billion. The validator queue now holds 977,000 ETH, with new validators facing a 17-day wait. Over 113,000 ETH is in the withdrawal queue. ETH update: Over 35.5 million ETH is staked, making up 29% of the total supply, with a staking yield near 2.54%.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.