According to Onchain Lens monitoring, Bitmine and several on-chain whales have hoarded more than 827,000 ETH.

Bitmine received 48,225 ETH from BitGo, valued at $207.54 million.

The newly created wallet "0xAF 8" withdrew 12,692 ETH worth $54.84 million from OKX.

The newly created wallet "0xC77" received 18,404 ETH worth $79.45 million from FalconX.

Another newly created wallet received 3,388 ETH worth $14.63 million from FalconX, and now holds a total of 18,388 ETH (about $79.14 million).