Ethereum Wallet Receives 14,959 ETH from BitGo Worth $48.42M; Speculated to Belong to BitMine

ETH

ETH/USDT

$2,113.64

-7.22%

$2,113.64

-7.22%

(24s)

24h Volume

$37,939,871,804.04

24h H/L

$2,293.99 / $2,068.20

Change: $225.79 (10.92%)

Long/Short

79.4%

Long: 79.4%Short: 20.6%

Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,087.22

▼ -2.84%

Volume (24h): -

Resistance Levels

Resistance 3$2,820.15

Resistance 2$2,294.17

Resistance 1$2,149.26

Price$2,087.22

Support 1$2,068.20

Support 2$1,940.12

Support 3$1,532.78

Pivot (PP):$2,109.73

Trend:Downtrend

RSI (14):22.5

COINOTAG News, on December 13, citing Onchain Lens, reports that a newly created wallet was credited with 14,959 ETH from BitGo, valued at approximately $48.42 million. The on-chain inflow signals a notable liquidity movement within the Ethereum ecosystem.

The recipient address remains unverified in terms of ownership; analysts say the wallet’s link to BitMine is speculative, with no official confirmation at this time.

This incident underscores the value of on-chain analytics in tracking large transfers and evaluating counterparty risk, reinforcing why market participants rely on credible data sources for decision-making.

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