Mirana Ventures Transfers 32,144 ETH Worth $78 Million to Bybit’s Hot Wallet

On February 26th, COINOTAG reported a notable transaction involving an address identified by Arkham as “Mirana Ventures Bybit Deposit.” This address executed a transfer of 32,144 ETH to Bybit’s hot wallet, amounting to approximately $78.01 million. The transactional analysis reveals that this significant amount of ETH was initially routed from Mirana Ventures to its designated Bybit Deposit address through the Galaxy Digital OTC platform, just 30 minutes prior to the completion of the transfer. This movement of funds underscores the dynamic nature of cryptocurrency markets and the strategic maneuvers undertaken by institutional players like Mirana Ventures, particularly in light of evolving trading and investment opportunities. Such transactions are crucial to monitor, as they can impact overall market liquidity and sentiment.