OKEx sees over $110M net crypto outflows after withdrawals reopened

posted about 2 months ago
OKEx has seen net crypto outflows worth more than $110 million within hours after it reopened asset withdrawals.

According to data from on-chain analysis firm CryptoQuant, the first batch of outflows – 2,822 bitcoin – incurred within 15 minutes after the crypto exchange reopened customer asset withdrawals at 8:00 UTC on Thursday. And 83% of the first batch went to non-exchange wallets, CryptoQuant CEO Ki Young Ju said in a tweet. The bitcoin outflows increased to more than 4,000 bitcoin, worth around $68 million, before 9:00 UTC.
Tags: bitcoin, news