Bitmine staked 159,728 ETH, valued at $390 million

Odaily reports: According to monitoring by on-chain analyst Ember, Ethereum treasury company Bitmine deposited 159,728 ETH ($390 million) into Ethereum staking 6 hours ago. They are likely staking more than 5.227 million ETH ($12.8 billion).

Currently, there are 1.33 million ETH in the Ethereum staking entry queue, with a wait time of over 23 days. The amount of ETH exiting staking is only 149,000, with a wait time of less than 4 days.