New wallet bought 900 Bitcoin (BTC) over two days… about $100 million

JH Kim

Summary

OnChainLens reported that a newly created wallet withdrew a total of 900.34 Bitcoin (BTC) from OKX exchange over the past two days.
This is about $100 million, and it said exchange withdrawals are generally interpreted as a buy signal for long-term holding.
It said BTC is trading at $115,822.43 on the Binance USDT market, up 0.99% from the previous day on the 17th.

OnChainLens said on the 16th (local time) via X (formerly Twitter) that "a newly created wallet withdrew a total of 900.34 Bitcoin (BTC) from crypto exchange OKX over the past two days."

This corresponds to about $100 million, and exchange withdrawals are generally interpreted as a buy signal for long-term holding.

BTC is trading at $115,822.43, up 0.99% from the previous day, as of 01:29 on the 17th on Binance's Tether (USDT) market.

BTC

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

New wallet bought 900 Bitcoin (BTC) over two days… about $100 million

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