Another $142M Staked – Bitmine Tightens Its Grip on Ethereum Supply
Ethereum is consolidating just below $2,400, holding in a range that has defined its price action for the past several sessions as the market waits for a catalyst to determine the next directional move. The chart looks patient. The on-chain data is anything but. Data from Arkham Intelligence reveals that Bitmine staked another 61,232 ETH…
Bitmine Stakes Additional 250,912 Ethereum Worth $745M – 61% Is Now Staked
Ethereum has slipped below the $3,000 level, extending a period of fragile price action as the broader crypto market remains cautious. While spot prices continue to struggle with overhead resistance, on-chain data points to a notable divergence between market sentiment and long-term positioning. According to data from Arkham, Bitmine has staked an additional 250,912 ETH—worth…