"Wallet presumed to belong to BitMine received 21,045 ETH from Kraken… worth about $64.3 million"

Source
Minseung Kang

Summary

  • A new wallet presumed to belong to BitMine was observed receiving 21,045 ETH from Kraken.
  • Onchain Lens analyzed that the wallet may be associated with BitMine.
  • The amount of Ethereum moved is about $64.3 million.
Photo = Onchain Lens X capture
Photo = Onchain Lens X capture

A newly created wallet presumed to belong to BitMine, the world's largest holder of Ethereum (ETH), was observed receiving a large transfer of Ethereum from Kraken.

On the 19th, Onchain Lens, a crypto asset (cryptocurrency) on-chain analysis account, reported that approximately 21,045 ETH was moved to a newly created wallet (address 0xE2ed…) about 6 hours earlier. Onchain Lens analyzed that the wallet may be associated with BitMine.

The amount moved is approximately $64.3 million based on the Ethereum reference price.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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