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$68.86 million! Mysterious new wallet receives 22,000 ETH from BitGo
[Crypto World] Another major move has been detected on-chain.
Just 4 hours ago, a newly created wallet address received 22,676 ETH from BitGo, which amounts to about $68.86 million at current prices. This new address is likely connected to BitMine—you know, such large transfers usually don’t happen for no reason.
BitGo, as an established custodian, transferred a significant amount of ETH this time. Is the new wallet preparing to build a position or planning something else? Judging by the amount, it’s clearly not a scale retail investors can afford to play with. It’s always worth paying extra attention to the flow of whale-level funds like this in the market.