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Wendyy_
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$ETH MEGA MOVE: Wall Street Is Quietly Locking Up ETH — And It’s Not Slowing Down
Ethereum just got a massive vote of confidence.
Last week, Bitmine deployed $120 million to acquire 40,302 ETH, pushing its total holdings to over 4.2 million ETH — worth roughly $12.6 billion. That’s 3.52% of Ethereum’s entire supply sitting on one balance sheet.
But here’s the part most people miss 👇
Bitmine is now the largest ETH staker in the world, with more than 2 million ETH staked, generating an estimated $374 million per year in yield — over $1 million every single day.
This isn’t speculation. It’s infrastructure.
According to CEO Tom Lee, Wall Street giants are aggressively building tokenization systems on Ethereum, with 35+ real-world implementations identified in just the past few months.
Institutions aren’t trading ETH.
They’re locking it up, staking it, and building on it.
So the real question is:
What happens when supply keeps getting removed… while demand quietly goes institutional?
#Ethereum #ETH #Crypto #wendy
Ethereum just got a massive vote of confidence.
Last week, Bitmine deployed $120 million to acquire 40,302 ETH, pushing its total holdings to over 4.2 million ETH — worth roughly $12.6 billion. That’s 3.52% of Ethereum’s entire supply sitting on one balance sheet.
But here’s the part most people miss 👇
Bitmine is now the largest ETH staker in the world, with more than 2 million ETH staked, generating an estimated $374 million per year in yield — over $1 million every single day.
This isn’t speculation. It’s infrastructure.
According to CEO Tom Lee, Wall Street giants are aggressively building tokenization systems on Ethereum, with 35+ real-world implementations identified in just the past few months.
Institutions aren’t trading ETH.
They’re locking it up, staking it, and building on it.
So the real question is:
What happens when supply keeps getting removed… while demand quietly goes institutional?
#Ethereum #ETH #Crypto #wendy
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