Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
$ETH $BTC Big Moves! Bitmine has just completed an astonishing operation, revealing whale-level layouts!
Today, Bitmine has once again taken strong action, spending 97.6 million dollars to crazily acquire 32,938 $ETH**, all injected into the treasury! And that's not all—immediately after, they staked **$352.16 million** worth of **118,944 $ETH all at once!**
Just to do the math: on this day alone, Bitmine has directly driven nearly 450 million dollars worth of ETH to be locked. This is not just an ordinary increase, this is a clear bullish strategic bet!
Data speaks:
🔥 Average acquisition price around $2,963, truly investing at a low point.
🔥 The staked portion, based on current returns, can generate millions of dollars in cash flow annually.
🔥 Cumulative holdings have publicly surged to a new high, clearly becoming one of the important whales in the ETH ecosystem.
During the market volatility, institutions have not run away; instead, they are buying more as prices drop. Do you understand this operation? Is it a bet on staking returns, or a wager on the next bull market?
Let's chat in the comments:
👉 What do you think they saw that we didn't?
👉 What impact will such accumulation and staking by whales have on ETH?
👉 Will you follow suit, or remain on the sidelines?