According to ChainCatcher, Ethereum treasury company BitMine purchased 24,068 ETH (approximately $80.57 million) via FalconX 10 hours ago, as monitored by on-chain analyst Yujin. Additionally, they have been continuously staking ETH recently, and have now staked over 1.7 million ETH (worth $5.65 billion), accounting for 40% of their total ETH holdings (4.17 million ETH).
BitMine Stakes Over 1.7 Million ETH, Accounting for 40% of Total Holdings
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Summary
According to ChainCatcher, as tracked by on-chain analyst Yu Jin, Ethereum treasury firm BitMine purchased 24,068 ETH ($80.57 million) via FalconX 10 hours ago. BitMine has been actively staking ETH, with over 1.7 million ETH ($5.65 billion) now staked, representing 40% of its 4.17 million ETH holdings. The move aligns with increased demand for risk-on assets and growing compliance with CFT (Countering the Financing of Terrorism) protocols in crypto transactions.
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