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Ethereum's First Institutional HODLer Bitmine Increases Stake by 48,225 ETH, Worth $207.54 Million

By: theblockbeats.news|2025/09/05 01:22:38

BlockBeats News, September 5th, according to Onchainlens monitoring, whales and institutions continue to maintain an accumulation pace of ETH holdings. Ethereum's top institutional holder, Bitmine, received 48,225 ETH from BitGo, worth $207.54 million. Additionally:

A new wallet '0xAF8' withdrew 12,692 ETH from OKX, worth $54.84 million;

A new wallet '0xC77' received 18,404 ETH from FalconX, worth $79.45 million;

Another new wallet received 3,388 ETH from FalconX, worth $14.63 million, bringing the total ETH holdings of that address to 18,388 ETH, approximately $79.14 million.

Crypto-Friendly Bank Lead Bank Raises $70 Million in Funding at a $1.47 Billion Valuation, Led by a16z

The SEC Proposes Safe Harbor for Cryptocurrency and Amends Broker-Dealer Risk Assessment Rules