Bitmine: Withdraws 89,026 ETH to Treasury Wallets | Flash News Detail | Blockchain.News
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5/16/2026 12:36:00 AM

Bitmine: Withdraws 89,026 ETH to Treasury Wallets

Bitmine: Withdraws 89,026 ETH to Treasury Wallets

Bitmine (BMNR) pulls 89,026 ETH ($198M) from Kraken and FalconX after ETH drops near $2,200, signaling continued treasury accumulation.

Source

Analysis

Bitmine (BMNR) executed another large ETH purchase, moving 89,026 ETH worth $198 million from Kraken and FalconX into four wallets after the token fell near $2,200. The transfers, reported one hour ago, align with the firm's ongoing strategy to build its Ethereum treasury during price weakness. Wallet addresses include 0x418eeE2e8645a1CD62D885A947c063d41E8773CB and 0x08CB8987Eae059893132c481Df31a41fcd7e5DE5.


余烬

@EmberCN

Analyst about On-chain Analysis