OKEx Exchange Sees Over $2 Billion Crypto Inflow within 2 Hours By CoinEdition

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© Reuters. OKEx Exchange Sees Over $2 Billion Crypto Inflow within 2 Hours
  • OKEx crypto exchange received over $2 billion in crypto within two hours.
  • The exchange said it was performing maintenance that required large sum movement.
  • Previously, Binance moved over $2 billion BTC in one transaction.

When news of a large fund moving in or out of crypto exchanges from an unknown wallet leaks, it is observed that the crypto community often experiences a slight panic.

Today, Whale Alert, an AI service that tracks coin movement across several blockchains, captured multiple outflows of funds from unknown wallets to the Chinese crypto exchange, OKEx. Within a two-hour window, OKEx received over $2 billion in crypto.

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© Reuters. OKEx Exchange Sees Over $2 Billion Crypto Inflow within 2 Hours
  • OKEx crypto exchange received over $2 billion in crypto within two hours.
  • The exchange said it was performing maintenance that required large sum movement.
  • Previously, Binance moved over $2 billion BTC in one transaction.

When news of a large fund moving in or out of crypto exchanges from an unknown wallet leaks, it is observed that the crypto community often experiences a slight panic.

Today, Whale Alert, an AI service that tracks coin movement across several blockchains, captured multiple outflows of funds from unknown wallets to the Chinese crypto exchange, OKEx. Within a two-hour window, OKEx received over $2 billion in crypto.

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