Bitmine deposits 159,728 ETH into Ethereum staking, approximately $390 million

October 21st, according to Ember monitoring, Ethereum treasury company Bitmine deposited 159,728 ETH (approximately $390 million) into Ethereum staking 6 hours ago, with cumulative staking exceeding 5.227 million ETH (approximately $12.8 billion).

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