Onchain analyst EmberCN reported that Ethereum treasury firm BitMine BMNR received 33,504 ETH, about $112 million, from broker FalconX roughly two hours ago, citing Arkham Intelligence wallet data.
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2 å°ę¶åä» FalconX ę¶å° 33,504 ę ETH ($1.12 äŗæ)ćhttps://t.co/sNppPBbryahttps://t.co/ri4wFIIplF———————————————————
ę¬ęē± @Bitget čµå©ļ½Bitget VIPļ¼č“¹ēę“ä½ļ¼ē¦å©ę“ē https://t.co/hW56FtkYaZ pic.twitter.com/o0kjD4LyjK— ä½ē¬ (@EmberCN) December 11, 2025
The transfer moved the full amount into a BitMine controlled address that Arkham tags as part of the companyās Ethereum treasury structure, signaling another large step in its accumulation strategy. The transaction size and the use of an institutional broker highlight ongoing appetite for ETH at scale, even as broader market conditions remain cautious and liquidity fragmented across venues.
Market participants and onchain trackers are now watching the receiving wallet for any follow up movements, particularly flows from BitMine addresses into exchange labeled accounts that could foreshadow eventual selling or collateral deployment. In the meantime, the $112 million addition reinforces BitMineās role as a significant Ethereum balance sheet holder and keeps attention on Arkham based dashboards as an early signal for the next wave of large ETH treasury transactions.
Source: EmberCN (X post).
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