Bitcoin whale withdraws 2,341 BTC as tracked outflows top 3,078 BTC

Lookonchain said a whale address moved about $144.68 million from OKX over five days, while three newly created wallets withdrew 737.7 BTC worth $45.6 million from custody provider BitGo.

BTC

Summary

A Bitcoin whale address withdrew 2,341 BTC worth about $144.68 million from OKX over the past five days, while three newly created wallets withdrew another 737.7 BTC worth about $45.6 million from BitGo, according to blockchain tracker Lookonchain. The combined tracked outflows exceeded 3,078 BTC, valued at about $190 million. Large withdrawals from exchanges and custodial platforms are often watched by traders because they can indicate shifts into self-custody or other allocation changes, though the transfers alone do not confirm intent.

Terms & Concepts
  • self-custody: Holding crypto in personal-controlled wallets
  • whale: A holder with a very large position
  • BitGo: A digital asset custody provider.