CoinMeta data: On October 21, 2026, Bitmine pledged another 159,728 ETH to Ethereum, valued at approximately $390.6 million, bringing its total pledged amount to over 5.2 million ETH, which accounts for about 86.5% of its Ethereum treasury. This pledge raises the total value of Bitmine's pledged ETH to around $12.78 billion. According to Lookonchain's data, there are currently about 1.33 million ETH waiting to enter the pledge pool, while 149,000 ETH are waiting to exit, indicating an increased demand to enter the pledge pool in the short term. According to Bitwise's quarterly pledge report, as of the end of September, the total number of ETH pledged on the Ethereum chain was 43.8 million, accounting for 35.9% of the total supply.