BlockBeats news, on August 12, according to analysis by @EmberCN, "a certain address cluster has accumulated 293,186 ETH through institutional business platforms such as FalconX, Galaxy Digital, and BitGo in the last 8 days, worth 1.24 billion dollars."
From the current situation, this batch of addresses that created and accumulated a large amount of ETH through BitGo is likely to belong to Bitmine. Bitmine previously announced that it had increased its holdings by 317,000 ETH in the past week, bringing its total holdings to 1.15 million ETH."
