
BitMine’s ETH buying spree is clogging Ethereum’s staking pipes: What comes next?
A $130 million ETH purchase puts BitMine further ahead of its corporate rivals, but the influx lands just as Ethereum’s staking entry lines hit multi-day highs, squeezing validator activation timelines. Now, the question isn’t just who’s buying, it’s who can even move their coins anymore. Summary BitMine purchased $130 million in ETH, increasing its corporate…