Bitmine has significantly boosted its Ethereum staking by depositing an additional 82,560 ETH, bringing its total staked amount to 544,064 ETH, valued at approximately $1.62 billion. This move has contributed to the Ethereum validator queue reaching 977,000 ETH, with a waiting period for new validators now nearing 17 days. Meanwhile, the withdrawal queue has surpassed 113,000 ETH.
Currently, over 35.5 million ETH is staked across the Ethereum network, representing about 29% of the total supply. The annualized staking yield is approaching 2.54%, reflecting the growing interest and participation in Ethereum's staking ecosystem.
Bitmine Increases Ethereum Staking with 82,560 ETH Deposit
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