ChainCatcher report, according to Onchain Lens monitoring, Bitmin has restaked 157,344 ETH, valued at $372.39 million. Its total accumulated staked ETH now reaches 4,712,917 ETH, valued at $11.12 billion. Additionally, two newly created wallets withdrew 40,000 ETH ($94.61 million) from Kraken, potentially belonging to Bitmine.
Bitmine stakes 157,344 ETH worth $372.39M; new wallets withdraw 40,000 ETH from Kraken
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Summary
Bitmine has staked 157,344 ETH ($372.39M), bringing its total staked ETH to 4,712,917 ($11.12B), according to Onchain Lens. Two new wallets withdrew 40,000 ETH ($94.61M) from Kraken, potentially linked to Bitmine. This move reflects a shift in crypto trading strategies, with increased emphasis on risk-to-reward ratios. Stakers are increasingly prioritizing long-term gains over short-term volatility.
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