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 reported monitoring data.
The movement involves ETH, the native asset of the Ethereum network, and BitGo, a crypto asset custody-related service provider. ChainCatcher categorized the update as whale movement, with the key reported fact being the withdrawal of 25,000 ETH by a suspected Bitmine wallet.
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