Bitmine is reportedly linked to the transfer of 104,336 ETH, valued at $416 million, from centralized exchanges BitGo and Kraken. According to Onchain Lens monitoring, the funds were distributed across five newly created wallets, which are believed to be associated with Bitmine. This significant movement of Ethereum highlights ongoing large-scale transactions within the crypto space.
Bitmine Allegedly Acquires 104,336 ETH Worth $416 Million from CEX
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