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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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➜ Click the Link to Enter: https://gate.onelink.me/Hls0/group?chatroom=groupGate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
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Details: https://www.gate.com/announcements/article/47889Your First Words Matter!
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Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
The final ranking phase is now live.
Earn Votes by watching live streams and posting.
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Details: https://www.gate.com/announcements/article/48693
Bitmine accelerates ETH staking: Locks over 544,000 ETH, holds 3.4% of the supply
Bitmine, a US-based cryptocurrency company co-founded by Tom Lee, has staked an additional 82,560 ETH (worth approximately $259 million USD) on January 2, 2026, bringing the total staked ETH to 544,064 ETH (about $1.7 billion USD), according to on-chain analysis data.
This move follows the accumulation activity in December 2025. Currently, Bitmine holds over 4.1 million ETH, equivalent to about 3.4% of the total supply, and is collaborating with service providers ahead of the launch of the MAVAN staking platform in 2026.
Large-scale staking like this helps lock ETH out of circulation, and historically, it often correlates with price rallies. Data from 2021–2025 shows that staking booms typically precede ETH price increases of over 150%, due to reducing selling pressure in the market.