A suspected Bitmine address has increased its holdings by 10,000 ETH, worth approximately $32.72 million.

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According to BlockBeats, on November 5th, Onchain Lens monitoring revealed the following on-chain activities of some ETH whales:

• Richard Heart, founder of HEX and PulseChain, has transferred 27,449 ETH to a new wallet and then transferred the ETH via Tornado Cash.

The whale that previously borrowed 66,000 ETH has fully repaid the loan, deposited USDC into Binance, and withdrew 34,155 ETH (approximately $111.6 million) from Binance, seemingly buying on dips.

• A newly created wallet withdrew 10,000 ETH from Kraken, worth approximately $32.72 million, which is suspected to belong to Bitmine.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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