According to on-chain data monitoring, well-known cryptocurrency asset management firm Bitmine has recently carried out a large-scale ETH staking operation, with a total of 94,400 ETH staked, which is approximately $314 million at current market prices.

This operation reflects institutional investors' continued optimism about the prospects of the Ethereum network. Data shows that Bitmine has staked a total of over 1,530,784 ETH, with a total market value reaching around $5.1 billion.

Such a large amount of staked assets fully demonstrates the institutions' long-term commitment to the ETH ecosystem. On one hand, it provides stable returns through staking; on the other hand, it also signifies recognition of Ethereum's role as Web3 infrastructure. As more institutions participate in staking, the security and centralization risks of the ETH network evolve accordingly. These large-scale staking activities undoubtedly serve as an important window into on-chain fund flows and market sentiment.