【Analysis: Addresses that created and heavily hoarded ETH through BitGo may belong to Bitmine】According to Golden Finance reports, monitoring by Yu Jin indicates that addresses which previously created and heavily hoarded ETH through BitGo may belong to Bitmine. These addresses have accumulated 293,186 ETH worth approximately $1.24 billion through institutional platforms such as FalconX, Galaxy Digital, and BitGo over the past 8 days. According to analysis, the only institution that could match this trading volume is likely Bitmine. Bitmine has announced that it increased its holdings by 317,000 ETH over the past week, and currently holds 1.15 million ETH.