Wednesday, December 18, 2024
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Bitcoin whales move fresh coins to exchanges in repeat of behavior before $42K BTC price dip

Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000.In its daily QuickTake market updates on Dec. 5, on-chain analytics firm CryptoQuant warned that large volume movements on exchanges were increasing again.Data points to whales increasingly eager to sellHighlighting its exchange whale

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OKEx CEO Says Exchange Updating Procedures to Prevent Repeat of Withdrawal Freeze Issue

Jay Hao, CEO of Malta-based cryptocurrency exchange OKEx, said his firm has taken steps to ensure the issue that caused a freeze of over five weeks in cryptocurrency withdrawals cannot reoccur.In an ask-me-anything (AMA) session, a transcript of which was published on Wednesday, Hao said the incident led the exchange

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