Bitmine Just Crossed $10 Billion In Staked Ethereum – 88% of Everything It Owns Is Now Locked In

Ethereum has been relatively quiet as Bitcoin pushes above $80,000 and captures most of the market’s attention. ETH is holding its range, waiting for a catalyst that forces a directional decision. A few hours ago, data from Arkham Intelligence provided one piece of evidence that the structure beneath that quiet may be more significant than the price chart is currently showing. Related Reading: XRP Liquidity Just Hit A Five-Year Low: Discover What Happens When A Market Gets This Thin Bitmine staked another 190,800 ETH — approximately $451 million — in a single transaction. That is the largest single stake this accumulation strategy has produced, and it arrived while Ethereum was barely moving and most participants were watching Bitcoin. The timing is part of what make...