- BitMine staked 183,336 ETH raising total holdings to $2.25 billion in Ethereum.
- Ethereum exit queue dropped to 32 ETH showing stakers are staying in the network.
- Staking entry queue reached 13 million ETH signaling growing demand from holders.
BitMine has raised its Ethereum staking with another 183,336 ETH, estimated to be worth $604.5 million. The action puts its total stake in ETH at approximately 779, 488, which correspond to $2.25 billion at the current market prices.
On-chain data validates that the transaction was performed via Ethereum validator activity. The deposit reflects a strategic shift toward long-term network participation rather than trading.
Institutional Interest Drives Staking Growth
The recent deposit follows BitMine’s initial staking investment on December 26, when it locked 82,560 ETH, worth nearly $260 million. On December 30, Bitmine also added 44,463 ETH raising holdings to 3.41% of total circulating supply. Since then, the company has steadily increased its stake holdings.
According to analysts, big institutional investors are shifting preference towards staking, as opposed to active trading. The statistics show that the volume of Ether in circulation is declining and the volume of staked ETH is ever increasing. The trend indicates that the confidence in the proof-of-stake system of Ethereum is higher.
Ethereum Market Shows Moderate Gains
Ethereum is at the moment trading at $3,215 or 0.37% more than it was in the past 24 hours. The trading volume rose to $28.68 billion and this was a growth of 20.78%. The increase is an indicator of active trading as well as staking. Staking queues reveal further insights.
Beaconcha.in data shows the validator exit queue has dropped to just 32 ETH, with an estimated wait time of one minute. It is a drastic reduction of 99.9% compared to mid-September 2025 when more than 2.67 million ETH were subject to withdrawal. The number of stakers leaving is decreasing indicating strong long-term network commitment.
Staking Queues Highlight Growing Demand
The staking entry queue has climbed to nearly 1.3 million ETH, the highest level since mid-November 2025. The increase demonstrates strong interest from holders seeking protocol-level rewards. Regulated Ethereum staking products are also expanding.
Grayscale has begun distributing staking rewards through its U.S.-listed crypto exchange-traded product. This creates a new pathway for institutional investors to access Ethereum staking exposure. On-chain numbers confirm a macro-level inflow of capital into the Ethereum network.
BitMine Solidifies Market Position
BitMine now controls one of the largest staking portfolios globally. Its active accumulation strategy reflects growing institutional confidence in Ethereum. The company’s continued deposits highlight staking as a preferred method for long-term engagement. As Ethereum staking activity intensifies, it reduces circulating ETH supply and supports network security. The trend indicates that more large holders may adopt staking strategies in the coming months.
