New Wallet Withdraws 11,860 ETH Worth $45.8 Million from OKX

New Wallet Withdraws 11,860 ETH Worth $45.8 Million from OKX

An onchain report shows whale address 0xAeA...D5fD recently withdrew 7,527 ETH from OKX, raising its weekly total to 11,860 ETH, reflecting intensified large-scale Ethereum outflows.

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Fact Check
The statement is assessed as highly likely to be true based on strong and consistent evidence from all four provided sources. There is perfect alignment on the key details of the transaction: the exact amount of 11,860 ETH, the value of $45.8 million, and the withdrawal from the OKX exchange to a new wallet.The credibility of the sources is high. Two sources, CertiK Pulse and Lookonchain, are reputable on-chain analytics and security firms with high authority (0.90). Their reports are based on direct monitoring of blockchain data, making them primary sources for this type of information. The other two sources from the news outlet ChainCatcher serve as strong corroboration. Notably, CertiK and ChainCatcher both cite "Onchain Lens monitoring" as their data source, indicating a common, reliable origin for the report.There are no contradictions in the evidence. While Lookonchain and one ChainCatcher source add the detail that the withdrawal occurred over a 3-day period, this information is supplementary and does not negate the core claim. The cumulative evidence from multiple independent but consistent sources provides a high degree of confidence in the statement's accuracy.
Summary

A whale wallet identified as 0xAeA...D5fD withdrew 7,527 ETH, worth about $29.09 million, from OKX four hours ago. Over the past week, the same address has withdrawn a cumulative 11,860 ETH valued at $46.26 million. The significant outflow underlines a continuing pattern of large Ethereum holders moving funds from exchanges to private wallets, suggesting heightened caution or strategic repositioning among major investors.

Terms & Concepts
  • Ethereum (ETH): A decentralized blockchain platform with smart contract capability whose native token, Ether, is used for transactions and computation fees.
  • OKX: A global cryptocurrency exchange that facilitates spot and derivatives trading across various digital assets.
  • Whale Address: A cryptocurrency wallet holding a substantial amount of tokens, often capable of influencing market liquidity through large transactions.