Bitmine-Linked Address Acquires $89.7 Million in Ether via FalconX

A newly formed address, 0xedf1, likely connected to the Bitmine platform, recently acquired a substantial amount of Ethereum, approximately $89.7 million. This significant transaction took place through FalconX and involved a purchase of 20,020 ETH two hours ago, according to on-chain detection reports published by BlockBeats.