COINOTAG News on August 28 reported that Onchain Lens monitoring identified four new addresses receiving a cumulative 27,792 ETH from FalconX within an 11-hour window, valuing the transfers at approximately $1.248 billion. The on-chain activity and transaction metadata were cited by analytics providers for attribution and timing.
Onchain Lens flagged the wallets as potentially associated with Bitmine (BMNR), which analytics indicate now holds 58,215 ETH (around $2.615 billion). This concentrated transfer is relevant to institutional flow analysis and liquidity assessment on the Ethereum network, providing transparent chain-level evidence for market participants and compliance teams monitoring crypto news.