Major Ethereum staking milestone: Bitmine has deposited an additional 186,560 ETH over the past 12 hours, pushing its total staked position to 1.53 million ETH—equivalent to approximately $5.13 billion at current rates. This latest $625 million tranche underscores sustained institutional conviction in Ethereum's proof-of-stake ecosystem. Such substantial staking moves by prominent players often signal confidence in near-term network stability and yield prospects. The accumulation reflects broader trends in the staking market, where major holders continue to lock capital into Ethereum's validator network. Tracking these large-scale deposit events provides crucial visibility into institutional positioning and potential market sentiment shifts.