Bitmine Stakes 159,728 More Ethereum (ETH), Total Reaches 5.23 Million

Bitmine staked another 159,728 ETH, lifting total staked Ethereum to 5.23 million worth about $12.78 billion, with 86.5% of its holdings now staked. The significant staking activity reflects growing institutional participation in Ethereum's proof-of-stake network. This large-scale staking could enhance network security and reduce circulating supply, potentially supporting ETH's price over the long term.