Massive 95,789 ETH Transfer from BitGo Sparks Speculation
BitGo has completed an institutional-sized transfer of 95,789 ETH worth about $427 million. The sheer magnitude of such a transfer has in turn brought into question the treasury policy pursued by the company and its wider effects on the Ethereum market. BitMine Ethereum Treasury Surges BitMine has emerged as one of the largest holders of Ethereum on an institutional level and it grown its treasury at an exponential rate in recent months. The number of ETH it had under its care has also exceeded a million tokens, making it one of the important faces in Ethereum institutionalisation. The most recent…