Two new wallets withdraw 42,000 ETH from Kraken and OKX… approximately $169,370,000
Suehyeon Lee
Summary
- It reported that two new wallets had withdrawn 42,089 ETH from Kraken and OKX.
- The total withdrawal amount was stated to be approximately $169,370,000.
- It said that if exchange outflows continue, expectations are growing for the possibility of long-term custody or DeFi (DeFi) use.
Two new wallets have been shown to have withdrawn a large amount of Ethereum (ETH) from Kraken and OKX.
On the 27th (local time), OnChainLens reported that the two newly created wallets withdrew a total of 42,089 ETH (approximately $169,370,000).
This is interpreted as a large movement by institutions or high-net-worth investors, and if exchange outflows continue, expectations are growing for the possibility of long-term custody or DeFi (DeFi) use.
Suehyeon Lee
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