Two new wallets tied to Bitmine reportedly accumulated 18,914.13 ETH in 10 hours

Two new wallets tied to Bitmine reportedly accumulated 18,914.13 ETH in 10 hours

N
News Editor
2026-08-01 03:00:00
On Aug. 1, BlockBeats cited on-chain analyst Ai Yi (@ai_9684xtpa) as saying that two newly created wallet addresses accumulated a combined 18,914.13 ETH over the past 10 hours. The holdings were valued at about $35.2 million, with an average withdrawal price of $1,861 per ETH. Based on FalconX transaction patterns, the analyst said the two addresses are suspected to belong to Bitmine. The update points to a sizable ETH accumulation concentrated in a short time window, though the ownership attribution remains tentative and was described as suspected rather than confirmed.

BlockBeats reported on Aug. 1, citing on-chain analyst Ai Yi (@ai_9684xtpa), that two new wallet addresses accumulated 18,914.13 ETH over the past 10 hours.

The ETH was valued at about $35.2 million, with an average withdrawal price of $1,861. Based on FalconX operating records, the two addresses are suspected to belong to Bitmine.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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