On-chain analysis firm OnchainLens reported that Ethereum (ETH) strategic reserve company Bitmain (ticker: BMNR) staked 111,496 ETH, worth approximately $253.27 million, about 5 hours ago. Currently, the staking balance of addresses identified as Bitmain's is 4,034,885 ETH, valued at $9.09 billion. Meanwhile, a newly created wallet (starting with 0x4481d), which had its first transaction about 22 hours ago, received 40,000 ETH (approximately $90.16 million) from FalconX. OnchainLens estimates that this wallet appears to be a new wallet owned by Bitmain.