MarketPR
Three blockchain addresses linked by analytics firm Onchain Lens to cryptocurrency miner Bitmine withdrew 75,000 Ether — roughly $120 million — from the centralized exchanges Kraken and FalconX over the span of several hours.
The funds moved from exchange hot wallets to private addresses, a pattern Onchain Lens flagged after identifying shared transactional histories and funding sources consistent with Bitmine's known operational wallets.
Neither Bitmine, Kraken, nor FalconX had issued a statement at the time of writing. What the Chain Shows The attribution comes entirely from pattern analysis.
Onchain Lens, a blockchain analytics platform, identified the three anonymous addresses as probable Bitmine wallets based on how they were funded and how they have historically transacted — not on any disclosure from the company itself.
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