More than 93.5 million in ETH are moving from FalconX to BitMine in a new transfer

BridgeJumper · 2026-01-12T08:57:50+00:00

An on-chain movement analysis reveals that BitMine received 31,750 Ethereum tokens from FalconX, valued at over $93.5 million. This movement reflects asset reallocation strategies in the crypto market.

BridgeJumper

2026-01-12 08:57:50

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On-chain monitoring data reveals a significant movement of digital assets: an address linked to BitMine has received approximately 31,750 Ethereum tokens from FalconX, consolidating a position of considerable value in the market.

According to Onchain Lens analysis, this transfer represents a substantial volume in the Ethereum ecosystem. With ETH currently trading around $3,100, the operation moves assets worth over $93.5 million, reflecting strategic movements among key market players.

Tracking these on-chain transactions provides valuable insights into the distribution dynamics of assets among major entities in the crypto sector. Such operations often indicate strategic reallocations of liquidity or market positioning between prominent platforms and intermediaries.

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