On January 15, data from OnchainLens revealed that an Ethereum infrastructure provider, referred to as Bitmine, recently staked an additional 154,304 ETH, valued at over $519.76 million at current prices.
This brings the company's total staked ETH to 1,685,088, with an aggregate value of approximately $5.65 billion.
Notably, within the past two days alone, the entity has staked more than 340,000 ETH, signaling a continued push to expand its presence in the network.