Ethereum Staking Surges as Bitmine Stakes 342K Eth Worth $1B

TLDR: Bitmine staked over 342,560 ETH in two days, reflecting a large-scale institutional ETH staking commitment. Coordinated transfers and batch deposits indicate automated validator deployment rather than exchange-bound selling. ETH treasury-linked equities continue forming lower lows, signaling fading confidence in balance-sheet ETH exposure. ETH price consolidates after a sharp sell-off, with neutral momentum showing market [...]

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