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+--- Thread: Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale (/showthread.php?tid=6306041)
Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale - Stanley - Aug 18, 2025
Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale
BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
https://cointelegraph.com/news/ether-accumulation-heats-up-882m-in-eth-snapped-up-by-bitmine-whale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
RE: Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale - Pοιsonlεaf - Aug 18, 2025
Let's go ETH, It's been climbing great these last weeks. Hopefully this will give it another push.
RE: Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale - Rahul007rhp - Aug 19, 2025
Hope it pump real soon , been bullish on ETH since long
RE: Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale - SUI-3183372 - Aug 19, 2025
Massive amount of activity taking place right now:
Quote:Ethereum’s staking ecosystem is facing unprecedented congestion, with 910,461 ETH, valued at approximately $3.9 billion, currently stuck in the network’s exit queue as of Tuesday, August 19, 2025. The backlog, one of the largest since Ethereum’s shift to proof-of-stake in 2022, reflects a surge in investors seeking to unstake their Ether amid market shifts and anticipation of staking-enabled ETFs, according to CoinDesk.
The exit queue, which processes validator withdrawals, has swelled to a 16-day wait, driven by major platforms like Lido and Coinbase, which account for 40% and 15% of the queued ETH, respectively. “This level of unstaking suggests investors are repositioning for liquidity or new opportunities,” blockchain analyst Sarah Tran told CoinDesk. With 30% of Ethereum’s total supply about 36 million ETH staked, the queue represents 2.5% of the staked pool, per Dune Analytics.
RE: Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale - JoseMar - Sep 3, 2025
(Aug 18, 2025 02:55 AM)Stanley Wrote: Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale
BitMine and an unknown whale have acquired nearly $882 million in Ether through major OTC desks and exchange withdrawals in a show of growing institutional demand.
https://cointelegraph.com/news/ether-accumulation-heats-up-882m-in-eth-snapped-up-by-bitmine-whale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Seeing big players snap up almost a billion dollars in ETH... it’s just wild. It's not just retail hype anymore. This is serious institutional money moving in. Makes you wonder what they're seeing that we aren't.
RE: Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale - sharn - Sep 7, 2025
Traditional companies entering crypto at this scale is wild.
It shows the market is maturing fast.
RE: Ether accumulation heats up: $882M in ETH snapped up by Bitmine, whale - Jamika - Sep 7, 2025
Ethereum is really an underrated currency, and the main reason for its lack of fame is that it appeared during the peak of Bitcoin’s glory.