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Institutional whales keep betting on Ethereum! ๐
Bitmine, a company associated with the renowned analyst Tom Lee (founder of Fundstrat), has made an additional "Staking" operation of 106,200 $ETH, worth approximately 244 million dollars.
Numbers reflecting blind trust in Ethereum's future:
๐ Total Staked: The total amount staked by the company has reached 3,920,445 $ETH
๐ฐ Total Value: It's nearing 8.97 billion dollars.
โ๏ธ Portfolio Ratio: The company is now putting 77.2% of its total holdings into Staking, indicating a long-term commitment with no intention to sell soon.
The influx of institutional liquidity of this magnitude and style (staking) is the biggest positive indicator for the upcoming market strength. ๐ฅ๐
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