A newly created wallet withdrew 468.30 BTC (~$29.88M) from BitMEX, the largest withdrawal since the exchange's closure announcement.
Macro & Markets ·
A newly created wallet has withdrawn 468.30 BTC, valued at approximately $29.88 million, from BitMEX. According to on-chain data, this marks the first withdrawal above $10 million since the exchange announced its closure.
The significance of the outflow lies in its timing relative to BitMEX's closure announcement. Large withdrawals from the platform have been limited in the period following that announcement, making this transaction notable for its size and the fresh nature of the receiving wallet.
The identity of the wallet creator and the intended use of the funds remain unknown. It is unclear whether the withdrawal represents a scheduled user account activity or an accelerated exit in response to the exchange's wind-down.