Bitmine Suspected of Withdrawing 35,138 ETH Worth $58.39 Million From Major Exchanges
2026-06-24 07:50

Monitored by Woofun AI, two newly generated wallets attributed to Bitmine executed withdrawals totaling 35,138 ETH, valued at approximately $58.39 million, from BitGo and Kraken.

This significant transfer of assets off centralized platforms implies a strategic shift in custody or preparation for further market activity. The concentration of such a large volume into fresh addresses often precedes major operational moves or long-term holding strategies.

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ETH
Bitmine
BitGo
Kraken
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