#Bitmine Keeps Locking It Up , $ETH Supply Getting Tighter.

Bitmine just staked another 106,200 Ethereum (~$244M), pushing its total staked balance to 3,920,445 ETH (~$8.97B), that’s now 77.2% of its entire holdings.

at this point, it’s not just accumulation anymore, it’s aggressive supply absorption. by continuously staking such a large share, Bitmine is effectively removing ETH from liquid circulation while earning yield on top of it.

ETH
ETHUSDT
2,257.84
-3.15%
ETH
ETH
2,257.99
-3.18%