Ether Worth $390 Million Locked up by Tom Lee’s Bitmine
Bitmine staked another 159,728 ETH worth about $390.6 million, lifting the share of its treasury put to work to 86.5%. One Transaction, Nine Figures Onchain analysts reported on Oct. 21 that Tom Lee’s Bitmine had staked another 159,728 ETH, worth about $390.6 million, taking the company’s staked position to 5.23 million ETH, valued near $12.78 […]
AI summary
Tom Lee's Bitmine staked an additional 159,728 ETH worth roughly $390.6 million, bringing its total staked position to about 5.23 million ETH valued near $12.78 billion. The move lifts the share of the company's treasury put to work to 86.5%. Large-scale ETH staking by a prominent institutional holder signals conviction and reduces liquid supply, a modestly supportive signal for ETH sentiment.
Narrative history
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1H AGOYou’re reading thisEther Worth $390 Million Locked up by Tom Lee’s BitmineBitcoin.com News · Score 45
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20 OCT · 05:14BeInCrypto · Score 25 · via Lee, Tom
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19 OCT · 17:55CryptoPotato · Score 25 · via Lee, Tom
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19 OCT · 17:55Bitcoin.com News · Score 45 · via Bitmine, Lee
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19 OCT · 15:13Decrypt · Score 45 · via Lee Bitmine, Bitmine
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19 OCT · 13:36The Block · Score 45 · via Bitmine, Bitmine adds
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19 OCT · 05:55BeInCrypto · Score 25 · via Lee, Tom
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14 OCT · 11:29CryptoNews · Score 45 · via Ethereum Tom, Lee
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14 OCT · 01:28BeInCrypto · Score 15 · via Tom, Lee
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13 OCT · 10:16CryptoPotato · Score 35 · via Lee Warns, KOSPI
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12 OCT · 13:43The Block · Score 47 · via Bitmine, Bitmine adds
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12 OCT · 13:33Decrypt · Score 42 · via Lee, Bitmine Adds
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21 SEP · 13:14The Block · Score 47 · via Lee Bitmine, Bitmine
