Recently, a series of actions by Ethereum reserve company Bitmine have attracted attention. According to on-chain data tracking, the company this morning purchased a total of 32,938 ETH from FalconX, worth nearly $97.6 million, and then staked 119,000 ETH (worth $352 million).
The story behind this is even more interesting. Since staking began on December 27, in just four days, Bitmine has pushed 461,000 ETH (worth $1.368 billion) into the Ethereum PoS staking system. This number accounts for 11.2% of their total holdings of 4.11 million ETH. Voting with real money clearly indicates this company's long-term outlook on Ethereum.
Looking at the entire market, although ETH's price performance isn't particularly impressive, Ethereum's position in the industry remains rock solid. As the most mainstream settlement layer, this hasn't wavered even as competitors increase.
Data also speaks volumes. According to Token Terminal, the number of new smart contracts deployed on Ethereum in Q4 2025 reached 8.7 million, setting a new record. Compared to the significant decline in contract deployments in the previous two quarters, this rebound is especially meaningful—indicating that builders are still investing continuously, and market vitality has not faded.
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WagmiOrRekt
· 7h ago
Damn, Bitmine directly goes all-in on staking. Is this true faith or just gambler's mentality?
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Four hundred sixty thousand ETH poured in over four days. The pace... is a bit crazy. Aren't you afraid of losing it all?
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Contract deployment hits a new high of 8.7 million? Is this data real? Why does it still feel like the market is the same?
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Voting with real money, sounds good, but what if the price keeps falling?
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Ethereum's position is as solid as a rock, but why is my bag still on the floor?
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Bitmine's move isn't betting on Ethereum, it's betting on their own capital strength.
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1.368 billion invested in staking. If I weren't a big player, I wouldn't dare to play like this.
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8.7 million contracts sound impressive, but how many of them are just air projects? No way to tell.
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Pushing so much in just 4 days—are they optimistic or trying to manipulate the market? Think about it from this perspective.
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ETH price is lagging, but big institutions are increasing their positions. This contrast is really absurd.
View OriginalReply0
StillBuyingTheDip
· 12h ago
46.1K ETH poured into staking? Are we really that confident? I always feel like there's a bit of gambling involved.
Bitmine's move looks pretty aggressive, but it depends on how ETH performs afterward. It's still early to say it's as stable as a rock.
The number of 8.7 million smart contracts sounds impressive at first, but how many of them are truly valuable? Don't be fooled by the inflated figures.
A large investor building a position doesn't mean we retail investors should follow suit. Stay clear-headed.
46.1K ETH in 4 days? That pace is truly outrageous, it feels like just betting on a story.
I saw institutions staking their money, but ETH's price still hasn't improved. What does that indicate?
Not all long-term optimism can turn into profit; sometimes, it's just the bagholders putting on a show.
View OriginalReply0
BearMarketGardener
· 12h ago
461,000 ETH directly staked, this guy really believes in it, not just talking
Big fish eat the pancake, small investors follow the trend, this trick has been effective for many years
8.7 million new contracts? The rebound strength is indeed a bit fierce, could it be that everyone has woken up
Can staking yields outpace inflation? That’s the real question
Daring to push so much, not afraid of another black swan wave?
Calculating the holdings, 4.11 million coins, just this volume is enough to change the market rhythm
View OriginalReply0
POAPlectionist
· 12h ago
Uh, this move... is a bit ruthless, really throwing money at faith
What is Bitmine betting on? Do they really believe in the long term?
8.7 million contracts? That number is a bit scary
The price remains calm, but the activity is even more intense, quite interesting
Four days of investing 1.368 billion, they must be very optimistic
So the question is, do they know something we don't?
As long as ETH can stay stable, it shows the fundamentals are indeed solid
View OriginalReply0
NeonCollector
· 12h ago
1.3 billion USD staked, how optimistic does that make you? I'm impressed.
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The big whale is getting serious, really, this is confidence.
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460,000 ETH accumulated in four days, how can you not be optimistic?
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Is the contract deployment hitting a new all-time high? These numbers are a slap in the face to those who are bearish.
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11.2% of holdings are staked, this is a bet.
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Price may be sluggish, but the position is still there, nothing more to say.
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Money doesn't lie, Bitmine's recent moves are the best signal.
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This is what true PoS voting looks like, more effective than any analyst’s words.
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No matter how many competitors there are, Ethereum still holds that position.
Recently, a series of actions by Ethereum reserve company Bitmine have attracted attention. According to on-chain data tracking, the company this morning purchased a total of 32,938 ETH from FalconX, worth nearly $97.6 million, and then staked 119,000 ETH (worth $352 million).
The story behind this is even more interesting. Since staking began on December 27, in just four days, Bitmine has pushed 461,000 ETH (worth $1.368 billion) into the Ethereum PoS staking system. This number accounts for 11.2% of their total holdings of 4.11 million ETH. Voting with real money clearly indicates this company's long-term outlook on Ethereum.
Looking at the entire market, although ETH's price performance isn't particularly impressive, Ethereum's position in the industry remains rock solid. As the most mainstream settlement layer, this hasn't wavered even as competitors increase.
Data also speaks volumes. According to Token Terminal, the number of new smart contracts deployed on Ethereum in Q4 2025 reached 8.7 million, setting a new record. Compared to the significant decline in contract deployments in the previous two quarters, this rebound is especially meaningful—indicating that builders are still investing continuously, and market vitality has not faded.