Summary
- A new wallet believed to be Bitmine was observed to have received a large amount of Ethereum (ETH).
- The new wallet (starting with 0x748d…) reportedly received approximately 24,827 ETH (about $75.9 million) from BitGo.
- Onchain Lens analyzed that the wallet may be associated with Bitmine, the world's largest Ethereum-holding company.

A newly created wallet believed to be Bitmine received a large amount of Ethereum (ETH).
On the 20th, according to Onchain Lens, an on-chain analysis account for virtual assets (cryptocurrencies), the new wallet (starting with 0x748d…) was confirmed to have received approximately 24,827 ETH (about $75.9 million) from BitGo.
Onchain Lens analyzed that the wallet may be associated with Bitmine, the world's largest holder of Ethereum.

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

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