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COINOTAG News on September 4 reported that on-chain analyst Yu Jin observed a transfer to Bitmine (BMNR) of 80,325 ETH — roughly $3.58 billion — executed within a one-hour window from institutional platforms Galaxy Digital and FalconX, according to blockchain monitoring data.
Those inflows, when combined with the previously reported balance of 1,866,974 ETH as of August 31, bring Bitmine’s on-chain holdings to approximately 1,947,299 ETH, or about $8.69 billion, based on the reported snapshots and prevailing market prices used in the source data.
These figures are extracted from on-chain tracking and custodial transfer records; market participants should corroborate the data via public explorers or official statements for transaction provenance and accounting reconciliation.
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