Ethereum Inflow to Bitmine: FalconX Sends 20,514 ETH, 6-Hour Total Reaches 40,719 ETH (~$138.28M)

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

COINOTAG News reports, citing OnchainLens data on November 6, that Bitmine, one of Ethereum‘s largest institutions, received 20,514 ETH from FalconX, valued at about $69.31 million. Over the prior six hours, Bitmine‘s inbound ETH transfers totaled 40,719 ETH, roughly $138.28 million, highlighting persistent institutional inflows. This on-chain activity underscores elevated institutional liquidity dynamics within the ETH ecosystem and signals continued custody-to-holdings movements among major market participants. Market participants will monitor subsequent address-level flows for any shifts in reserve allocations and potential implications for crypto liquidity and price sensitivity.