17,836 ETH Withdrawn from OKX in Last 4 Hours, Valued at $79.77 Million
A whale address has pulled out a significant amount of Ethereum from OKX, now holding a total of 18,540 ETH worth approximately $81.7 million.
ETH
Fact Check
The statement is strongly corroborated by two separate news reports from blockchain.news (Source 6 and Source 8). Both sources confirm a withdrawal of 17,836 ETH from the OKX exchange. Source 8 explicitly states the withdrawal occurred within a 4-hour timeframe. The slight variance in the reported USD value ($79.77M vs $80.4M) is consistent with cryptocurrency price volatility.
Summary
A whale address has withdrawn 11,280 ETH, valued at $49.2 million, from the OKX exchange. This withdrawal brings the total held by the address to 18,540 ETH, worth around $81.7 million. This move continues the ongoing trend of significant Ethereum movements across exchanges.
Terms & Concepts
- Whale address: A cryptocurrency address that holds a large amount of a particular cryptocurrency, often used by institutional investors or individuals with substantial holdings.
- ETH (Ethereum): A decentralized platform that enables smart contracts and decentralized applications, with its native cryptocurrency being Ether (ETH).