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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.