Express

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

Last Update:

Tags: ,
Link: OKEx Users Move Bitcoin Off After Resuming Withdrawals   [Copy]
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 3 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 4 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 14 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 16 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 17 days ago
  • You need to login to comment.