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BitMEX Wallets Mysteriously Shift 15800 Bitcoin Today, What's Happening?

source-logo  coingape.com 05 July 2024 17:58, UTC

In a surprising move amid a volatile crypto market, data from Arkham reveals that BitMEX, a prominent crypto exchange, transferred over $800 million worth of Bitcoin (BTC) in two significant transactions. These transactions occurred amid a general downturn in the crypto market. However, Bitcoin rebounded above $55,000 after plunging to a low of $53,000 earlier.

coingape.com