According to ChainCatcher, citing monitoring by Onchain Lens, a wallet suspected to be associated with Bitmine withdrew 25,000 ETH from BitGo. The transfer was valued at approximately $40.93 million based on the monitoring information.
The reported on-chain movement involves Ethereum and BitGo, a crypto custody platform. Onchain Lens labeled the address as a suspected Bitmine wallet, while the disclosed information did not include further details about the purpose of the transaction or where the funds moved afterward.
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