2026-01-18 19:39:30

Ethereum staking scale hits a new high. As of now, over 36 million ETH have been staked, accounting for 30% of the total circulating supply, valued at approximately $118 billion. Meanwhile, the number of validators approaches 1 million. However, activation of new stakes may face a delay of several weeks.

It is worth noting that major holder BitMine holds about 4.168 million ETH, of which 1.256 million ETH are staked. Last week alone, 600,000 ETH were newly staked, with frequent actions. What does this mean? The concentration of holdings among major players is further increasing, while the distribution of staking liquidity is quietly changing. For the market, this is both a sign of ecosystem prosperity and a potential concentration risk that needs to be watched.

ETH-3,34%

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GamefiHarvester

· 7h ago

BitMine's move feels like playing a big game of chess --- 30% staking rate, the ecosystem is booming, no doubt, but such aggressive concentration of holdings by big players is indeed a bit scary --- 60,000 coins per week? With this pace... can small investors still catch the dividends? --- Activation delay of several weeks, no rush or impatience, anyway the big players have already laid out the road --- Concentration risk? Uh... that word sounds a bit unsettling --- Staking of 118 billion USD, the numbers look great, but I wonder if it will suddenly revert to the previous state someday --- 100,000 validators are almost here, but it feels like the heat has been completely absorbed by the big players

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SatoshiHeir

· 7h ago

It should be pointed out that this move by BitMine is essentially testing an ancient rule—the concentration of wealth always outpaces the speed of decentralization. According to the original white paper, this is not "prosperity" at all; it is a disguised resurgence of centralization.

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0xSunnyDay

· 7h ago

BitMine's move is really aggressive, pouring 600,000 ETH in a week. Are they trying to lock in liquidity? We definitely need to be cautious about concentration risk; otherwise, a big player could disrupt everything with a single move. Staking activation still takes several weeks? Damn, this timeline is a bit intense. 30% of the circulating supply is staked. Is the Ethereum ecosystem this competitive right now? But on the other hand, does this increase in concentration really benefit us? It feels a bit risky. The number of validators is approaching 1 million, and that figure looks quite astonishing.

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CrashHotline

· 7h ago

BitMine, this guy really isn't afraid of a market crash. Large investors accumulating so much, are they bullish or planning to become the market maker? Who will take the blame for the delay in staking? A 30% staking rate sounds prosperous, but the risk isn't small. Even with a million validators, not many people care. Talking only about concentration issues, what's the use? The ecosystem is just like this. It's BitMine again; the suspicion of market manipulation by this guy is growing increasingly stronger.

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GweiWatcher