Citing CoinPaper, Bitmine has purchased 14,618 ETH worth $44.34 million from BitGo’s hot wallet, according to on-chain data from Arkham Intelligence. The transfer occurred about three hours ago and moved from a wallet labeled 'BitGo: Hot Wallet' to a Bitmine address under the BitGo custody cluster. This marks the largest recent ETH outbound flow to Bitmine and places the firm among corporate treasury buyers increasing exposure to Ethereum in a single on-chain transaction.
Bitmine Adds 14,618 ETH Worth $44.34M to Treasury via BitGo
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