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Bitmine Transfers 9,608 ETH Worth $19.49M to Coinbase Across Two Transactions

Two transfers on March 9 and March 10 moved a combined 9,608 ETH from Bitmine to Coinbase.

Sathish Kumar Kaliraj by Sathish Kumar Kaliraj
March 10, 2026
in Market Updates
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  • Bitmine deposited 5,300 ETH worth $10.75M to Coinbase on 09 Mar, 2026 at 21:53:11 UTC.
  • Bitmine sent another 4,308 ETH worth $8.74M to Coinbase on 10 Mar, 2026 at 04:08:35 UTC.
  • Total transferred: 9,608 ETH valued at $19.49M.
  • Both transactions were directed to Coinbase.

Bitmine transferred a total of 9,608 ETH, valued at $19.49 million, to Coinbase through two separate transactions recorded on March 9 and March 10, 2026.

Bitmine Transfers 9,608 ETH Worth $19.49M to Coinbase
Bitmine Transfers 9,608 ETH Worth $19.49M to Coinbase

Transaction Timeline

The first transaction occurred on 09 Mar, 2026 at 21:53:11 UTC, when Bitmine deposited 5,300 ETH into Coinbase. The transfer had an estimated value of $10.75 million at the time of the transaction. Several hours later, a second transaction followed. On 10 Mar, 2026 at 04:08:35 UTC, Bitmine sent 4,308 ETH to Coinbase, with the transfer valued at $8.74 million.

Both transactions were directed to the same destination platform, Coinbase, and were executed within a short time window spanning two calendar dates in UTC time. When combined, the two transfers amount to 9,608 ETH moved from Bitmine to Coinbase. The cumulative value of these transactions totals $19.49 million.

The first transfer of 5,300 ETH represents the larger portion of the total movement. The second transfer of 4,308 ETH completed the overall amount sent within the recorded timeframe. The timestamps associated with the transactions show activity taking place across two consecutive days.

Total ETH Sent to Coinbase

Across the two recorded events, Bitmine moved thousands of ETH into Coinbase, with both the transaction sizes and the estimated values documented at the time of transfer, Bitmine (BMNR) recently announced its ETH holdings reached 4.535M, bringing total holdings to $10.3 billion.

Together, the transfers represent a combined movement of 9,608 ETH, with a total reported value of $19.49 million, deposited into Coinbase through two separate transactions.

Disclaimer: Cryip is an independent media and research outlet providing news, data, and analysis on the cryptocurrency industry. Content is for informational and research purposes only and does not constitute financial, legal, tax, or investment advice. Cryptocurrency markets are volatile and past performance is not indicative of future results. References to specific assets, platforms, or incidents are for journalistic purposes only and do not imply endorsement, and readers assume full responsibility for their decisions.

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