Bitmine restakes 61,200 ETH worth $142M

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Bitmine restaked 61,200 ETH ($142M) in the ETH market update, bringing its total staked amount to 3,395,900 ETH ($7.88B), representing 68.24% of its total holdings. This move occurs as the ETH price remains closely monitored by institutional players.

CoinDesk reports that, according to a tweet from the on-chain analytics platform Lookonchain, Tom Lee’s Bitmine staked another 61,200 ETH (worth $142 million) one hour ago, bringing its total staked amount to 3.3959 million ETH (worth $7.88 billion), representing 68.24% of its total holdings.

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