According to @EmberCN, Ethereum’s largest treasury company Bitmine (BMNR) received 48,049 ETH, valued at roughly 140 million USD, from FalconX about four hours ago (source: @EmberCN). According to @EmberCN, this move is characterized as continued ETH accumulation by BMNR, highlighting sustained treasury demand for Ethereum (source: @EmberCN). Based on @EmberCN’s reported 48,049 ETH transfer, traders may monitor ETH spot order books, exchange inflows, and derivatives funding rates for near-term reactions to this large-sized flow (source: @EmberCN). According to @EmberCN, tracking any follow-up movements from BMNR-linked addresses and FalconX-related transfers can help gauge whether additional liquidity shifts emerge around ETH (source: @EmberCN).