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BitMine Adds 20,000 ETH As Staked Ethereum Surpasses Half Of Total Supply

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TL;DR:

BitMine today added more coins to its Ethereum holdings, as ETH staking crossed a major supply milestone. The accumulation comes as BitMine pushes toward holding 5% of Ethereum’s total supply, while staking contracts now lock up over half of all issued ETH.

Key Points:

  • BitMine Adds 20,000 ETH As Staked Ethereum Surpasses Half Of Total Supply
  • Involves ETH cryptocurrency
  • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence ETH price action and market sentiment in the near term.