Bitmine acceleration staking leads to a surge in the number of ETH in the validation queue. New validators need to wait nearly 17 days for activation.

MarsBitNews · 2026-01-03T10:44:47+00:00

Ethereum Treasury Company Bitmine recently deposited 82,560 ETH into the staking system, bringing the total staked amount to 544,064 ETH, worth approximately $1.62 billion. Due to accelerated staking, the validator queue increased to about 977,000 ETH, with an waiting time of nearly 17 days. Currently, over 35.5 million ETH are staked, accounting for 29% of the total supply, with an annualized yield of approximately 2.54%.

MarsBitNews

2026-01-03 10:44:47

Abstract generation in progress

Mars Finance reports that after Bitmine, an Ethereum treasury company, deposited an additional 82,560 ETH into the Ethereum staking system, the total staked ETH has increased to 544,064 ETH. Based on current prices, this is valued at approximately $1.62 billion. Due to Bitmine’s recent acceleration in staking, the current Ethereum validator queue has grown to about 977,000 ETH, with new validators facing an estimated wait time of nearly 17 days. The ETH in the withdrawal queue waiting for payout exceeds 113,000 ETH. Data from the Ethereum network shows that over 35.5 million ETH are currently staked, accounting for about 29% of the total supply, with an annualized staking yield close to 2.54%.

ETH0,61%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.