PANews reported on October 11th that Lookonchain monitoring indicated that a whale or institution continued to accumulate ETH during the market downturn. Two new wallets (possibly belonging to Bitmine) withdrew 33,323 ETH, valued at approximately $126 million, from FalconX and Kraken. Additionally, an OTC whale purchased 14,165 ETH, valued at approximately $55.5 million, through FalconX, Coinbase, and Wintermute.
Bitmine is suspected of buying 47,500 ETH worth approximately $182 million during the market downturn.
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Author: PA一线
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