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OKEx Users Move Bitcoin Off After Resuming Withdrawals

Liang Che

Summary: Cryptocurrency exchange OKEx recorded a major bitcoin outflow after it resumes withdrawals after five weeks' suspension. According to CryptoQuant, about 2,822 bitcoins were moved from OKEx in block number 658,728, that’s the biggest single-block outflow since May 2019. According to Bitpush's data, Bitcoin plunged nearly $3,000 on Thursday, just before OKEx resumed withdrawals. It’s not ...

Cryptocurrency exchange OKEx recorded a major bitcoin outflow after it resumes withdrawals after five weeks' suspension. According to CryptoQuant, about 2,822 bitcoins were moved from OKEx in block number 658,728, that’s the biggest single-block outflow since May 2019.

According to Bitpush's data, Bitcoin plunged nearly $3,000 on Thursday, just before OKEx resumed withdrawals. It’s not clear if the two events may be linked.

Liang Che

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