New wallet withdraws 468.3 BTC worth $29.88 million from BitMEX
The transfer was the first single withdrawal above $10 million since BitMEX announced its closure, according to Onchain Lens monitoring cited by Odaily.
BTC
Fact Check
The specific figures (468.3 BTC, ~$29.88M) and the framing as the first single withdrawal above $10M since the closure announcement trace directly to the Onchain Lens X post, which the caller-linked Odaily and CoinNess reports reproduce. The underlying condition—BitMEX announcing its closure—is independently verified by Reuters, which reports BitMEX will cease operations on September 23, 2026. The on-chain withdrawal claim rests on a single monitoring source (Onchain Lens), which limits certainty on the 'first above $10M' superlative, but the core facts are consistent across sources and the address/Nansen data are cited.
Summary
A newly created wallet withdrew 468.3 BTC from BitMEX in a transfer valued at about $29.88 million, marking the first single withdrawal larger than $10 million since the exchange announced its closure. The transaction, flagged by Onchain Lens and cited by Odaily, points to a sizable movement of Bitcoin off the platform as users reposition assets during a shutdown process.
Terms & Concepts
- wallet: Digital address for holding crypto assets
- on-chain: Recorded directly on a blockchain
- BitMEX: Cryptocurrency derivatives exchange