Bitmine Now Holds 5.93 Million Ethereum, 4.9% of Total Supply
Bitmine reports holding 5.93 million Ethereum, representing 4.9% of the total supply.
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4.9 %
93 Million Ethereum, 4.9% of Total Supply
The fact
Most of these tokens are staked to earn rewards.
This concentration raises concerns about Ethereum's network decentralization.
2 sources — click a link to read an article on the topic: