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Spending $260 million to continue staking! Bitmine is betting on ETH's long-term value through action
On-chain monitoring shows that Bitmine has staked an additional 112,040 ETH in the past 4 hours, with a total value of over $260 million.
This level of operation is not essentially short-term trading, but a typical long-term profit strategy—obtaining stable returns through staking while locking in a continued bullish outlook on the Ethereum ecosystem.
From a capital logic perspective, large-scale staking means actively giving up short-term liquidity in exchange for long-term gains and network participation rights. Such behavior is usually seen among funds with strong confidence in the future.
In the crypto market, what truly matters is not who shouts the loudest, but who actually "locks in" their funds.
Prices can fluctuate, but choices do not lie. Those who persist in long-term positioning are often closer to the final outcome.