According to Jinse Finance, Onchain Lens monitoring shows that a newly created address "0xDc8", which may belong to Bitmine, the largest Ethereum holding institution, received 27,316 ETH from BitGo, valued at $108.92 millions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.