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BitMine associated wallet transfers 5,300 ETH to Coinbase Prime, possibly for staking.
Odaily Planet Daily reports that on-chain analyst Yu Yan monitored that the wallet labeled as BitMine (0xD99…555e) transferred 5,300 ETH to Coinbase Prime three hours ago, worth $10.75 million. This address previously purchased 61,000 ETH last week. The transferred tokens may be used for staking or could be incorrectly labeled.