Several Ethereum whales are active on the blockchain, suggesting Bitmine may have increased its holdings by 10,000 ETH.

According to Onchain Lens monitoring, as reported by Odaily Planet Daily, several ETH whales have recently been making concentrated transactions:

1) Richard Heart, founder of HEX and PulseChain, transferred 27,449 ETH to a new wallet and then transferred the funds via Tornado Cash;

2) The whale that previously borrowed 66,000 ETH has repaid the loan in full, then transferred USDC to Binance and withdrew 34,155 ETH (approximately $112 million), which appears to be an attempt to increase its holdings at a low price;

3) A newly created wallet withdrew 10,000 ETH (approximately $32.72 million) from Kraken, and on-chain evidence suggests that the address may be related to Bitmine.