Bitmine's big move: taking over 14,000 ETH from BitGo

2025-11-28 01:20:15

[BitPush] On-chain data shows that Bitmine recently took over a large amount of ETH from BitGo - a total of 14,618 coins, which amounts to approximately 44.34 million dollars at the current price. The market is quite concerned about transfers of this magnitude.

ETH-2.1%

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CafeMinor

· 11-30 17:31

Why did Bitgo suddenly release so much ETH? Are they going to withdraw?

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SnapshotLaborer

· 11-29 08:25

Wow, a transfer of 44 million dollars' worth of ETH, is this hoarding or what kind of operation?

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TopEscapeArtist

· 11-29 05:12

Wow, 14,000 ETH? What kind of operation is this? Is BitGo closing all positions or is Bitmine buying the dip? Looking at this magnitude, it's definitely a dangerous signal.

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BearMarketBuyer

· 11-28 01:50

Another large transfer like this, BitGo dumps and Bitmine catches a falling knife, it looks like they are well-prepared.

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DAOdreamer