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What are the risks of BitMine’s ETH staking strategy?
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Staked ETH is illiquid due to protocol-level withdrawal mechanics. Validators must pass through an exit queue, exposing BitMine to potential losses during market volatility.
Centralization concerns arise since BitMine controls ~3.36% of ETH supply; compliance with OFAC sanctions could influence block validation. #ETH #CryptoRisk #DeFi
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They can loose huge ton of money
