Ethereum Transfer: New Bitmine Address Receives 16,693 ETH from FalconX Worth $50.1M

ETH

ETH/USDT

$2,378.44

+2.64%

$2,378.44

+2.64%

(24s)

24h Volume

$37,918,200,927.46

24h H/L

$2,396.62 / $2,157.14

Change: $239.48 (11.10%)

Long/Short

76.4%

Long: 76.4%Short: 23.6%

Funding Rate

-0.0147%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,384.57

▲ 5.04%

Volume (24h): -

Resistance Levels

Resistance 3$2,958.03

Resistance 2$2,603.63

Resistance 1$2,396.15

Price$2,384.57

Support 1$2,312.78

Support 2$2,157.14

Support 3$1,586.87

Pivot (PP):$2,312.78

Trend:Downtrend

RSI (14):29.6

COINOTAG News reported on November 30, citing LookIntoChain monitoring, that a freshly created wallet linked to Bitmine received a sizeable inbound transfer from FalconX. The transfer involved 16,693 ETH and signals a notable move in Ethereum-space liquidity.

According to LookIntoChain data, the new Bitmine address drew 16,693 ETH from FalconX, with the aggregate value estimated near $50.1 million at the time of transfer.

This on-chain activity highlights evolving capital flows among mining entities and institutional counterparties, contributing to a clearer picture of crypto liquidity dynamics in the current market.

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