Bitmine's Ethereum holdings reach 4.8% of circulating supply
Bitmine now holds approximately 5.8 million ETH, representing about 4.8% of the circulating supply, with 4.9 million ETH staked generating roughly $247 million annually. This concentration raises governance concerns for the Ethereum network.
Detected & updated continuously · Source: Nebula
Sources
@BenX_HQ
Bitmine is at 5.8 million $ETH now, roughly 4.8% of circulating supply, with 4.9 million of it staked and throwing off something like $247 million a year. One company holding five percent of the supply of a proof of stake chain becomes a governance question long before it
@vncrypto91
ETH/BTC Ratio Vượt Mốc 0.03 & BitMine Tăng Tỷ Lệ Nắm Giữ ETH Lên 4.8% - Dòng Tiền Đang Âm Thầm Xoay Chiều Nguồn Vốn? Trong khi Bitcoin vẫn đang tích lũy đi ngang, tỷ lệ ETH/BTC vừa chính thức bứt phá qua mốc 0.03! Các "ông lớn" như BitMine nâng tỷ lệ giữ https://t.co/YcRT3IO0wj