New wallet withdraws 468.3 BTC, worth $29.88M, from BitMEX

iconKuCoinFlash
Share
AI summary iconSummary
A new wallet has withdrawn 468.3 BTC (approximately $29.88 million) from BitMEX, according to a BTC update from Odaily. This is the first withdrawal exceeding $10 million since the exchange announced its shutdown. The transaction underscores fresh BTC developments today as BitMEX winds down operations. The wallet appears to be newly created, with no prior activity recorded. The move occurs amid ongoing liquidations and asset transfers from the platform.

Odaily Planet Daily reports, according to Onchain Lens monitoring, a newly created wallet withdrew 468.3 BTC from BitMEX, valued at approximately $29.88 million. This is the first single withdrawal exceeding $10 million since BitMEX announced its closure.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.