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by: xpoolPosted on: November 10, 2025

Bitmain’s Massive Ethereum Move: Potential Sign of Institutional Backing

BitcoinWorld recently reported a significant transaction involving Bitmain, a leading cryptocurrency mining hardware manufacturer. A new wallet received 23,521 ETH from BitGo, a cryptocurrency custodian trusted by institutions. While the exact motivation behind this move remains unclear, analysts believe it could be part of a strategic diversification strategy for the company.

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  4. Crypto Liquidations Surge: $772M Wiped in 24 Hours
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