A Bitmine-linked wallet has received another 13,000 ETH from BitGo, a transfer valued at roughly $45 million at current prices and flagged by on-chain analysis account EmberCN. The movement adds to a pattern of similar large transfers tied to Bitmine and supports the view that the firm is continuing to build its Ethereum holdings despite recent market swings. The transaction highlights ongoing institutional interest in Ether, though on-chain data alone does not show whether the assets are being held for treasury purposes, staking, trading or another use.