Whales Snap Up Nearly $200M in ETH; Arkham Flags Bitmine-Like Buying Pattern

On-chain intelligence firm @Arkham reports that four separate whale wallets have collectively withdrawn about $198.3 million worth of @Ethereum from @krakenfx and FalconX. Arkham says the accumulation pattern resembles activity associated with @fundstrat's @BitMNR, fueling speculation that a "Michael Saylor of Ethereum" figure may be adding to ETH holdings.