On-chain whale movements: New wallet receives a massive ETH transfer of $48.42 million

【Chain News】On-chain monitoring data shows that a newly created wallet has just received a huge transfer from BitGo — 14,959 ETH, equivalent to $48.42 million. According to on-chain label comparison, this wallet is very likely to belong to Bitmine. What does this kind of large transfer usually indicate? Fund allocation, withdrawal preparation, or other strategic moves? It is worth paying attention to subsequent on-chain developments.

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PensionDestroyervip
· 6h ago
Holy shit, a transfer of 48 million dollars? What is Bitmine trying to do, withdraw or some kind of stunt?
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SybilAttackVictimvip
· 17h ago
Is it another new wallet stepping in? Is Bitmine planning to dump or what?
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FarmHoppervip
· 17h ago
This money is going to dump the market again, I bet five dollars.
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TokenCreatorOPvip
· 18h ago
Another large transfer, to be honest, I'm a bit tired of seeing this. I'm always guessing what it means.
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SquidTeachervip
· 18h ago
The whales are up to something again, throwing in over 48 million. What are they trying to do this time?
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FloorSweepervip
· 18h ago
bitgo moving $48m eth to a fresh wallet? yeah that's either institutional accumulation or they're about to dump on retail lmao. bitmine move smells like classic bottom signal tbh
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GateUser-44a00d6cvip
· 18h ago
It's another BitGo transfer... This time $48 million. The whales are really busy.
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AltcoinHuntervip
· 18h ago
Wow, this transfer of 48.42 million dollars, is it from a new wallet or just a mouse move? Bitmine's operations have always been mysterious, and I always feel that this is not just a simple withdrawal...
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