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Address suspected of belonging to Bitmine accumulates over 290,000 ETH in the past 8 days

Summary: According to analysis by @EmberCN, an address cluster has accumulated 293,186 ETH worth $1.24 billion in the past 8 days through platforms such as FalconX, Galaxy Digital, and BitGo. The address, which created a large amount of ETH through BitGo, is highly likely to belong to Bitmine. Bitmine previously announced an increase in holdings of ...

According to analysis by @EmberCN, an address cluster has accumulated 293,186 ETH worth $1.24 billion in the past 8 days through platforms such as FalconX, Galaxy Digital, and BitGo. The address, which created a large amount of ETH through BitGo, is highly likely to belong to Bitmine. Bitmine previously announced an increase in holdings of 317,000 ETH in the past week, bringing the total holdings to 1.15 million ETH.

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