Ethereum treasury company Bitmine deposited 159,728 ETH into staking about six hours before a BlockBeats report, worth about $390 million in the cited snapshot, according to Ember monitoring.
Staking queues remain uneven
Bitmine’s cumulative staked balance exceeded 5.227 million ETH, or about $12.8 billion at the reported snapshot. The Ethereum entry queue held about 1.33 million ETH with a wait of more than 23 days, while 149,000 ETH was waiting to exit with a wait of less than four days.
The ETH and dollar amounts, along with queue times, are time-specific figures from the report and can change as deposits, withdrawals and prices move.
Source: BlockBeats flash, citing Ember monitoring.