[Stanley]

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-acc...er_inbound

[Pοιsonlεaf]

Let's go ETH, It's been climbing great these last weeks. Hopefully this will give it another push.

[Rahul007rhp]

Hope it pump real soon , been bullish on ETH since long

[SUI-3183372]

Massive amount of activity taking place right now:

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.

[JoseMar]

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-acc...er_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.

[sharn]

Traditional companies entering crypto at this scale is wild.
It shows the market is maturing fast.

[Jamika]

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.