DeFiNeutralBankless · 4h ago6/10
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Tom Lee's Bitmine Surpasses $10B Worth of Staked ETH
Tom Lee's Bitmine has accumulated $10 billion worth of staked ETH, representing 4.3% of circulating supply and positioning itself as Ethereum's second-largest staking entity. This milestone reflects the continued concentration of staking power among major institutional players and raises questions about network decentralization as single entities accumulate substantial influence over consensus mechanisms.
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