Ethereum: New Wallet Withdraws 23,637 ETH from Kraken Worth $73.4 Million, Suspected Linked to BitMine
According to OnchainLens monitoring, a recently created wallet executed a significant ETH withdrawal from Kraken, moving 23,637 ETH valued at about $73.4 million on December 14. The transfer signals active liquidity movement within the cryptocurrency landscape and underscores the continued use of major exchanges for large-cap assets.
The recipient address is suspected to belong to BitMine, though attribution remains under review by analytics firms. This activity, tracked by OnchainLens, highlights ongoing wallet provenance checks and the need for robust monitoring of large withdrawals from leading exchanges to end wallets.
