1,835 BTC Transferred from Binance to OKX

IconCryptoNewsTerminal Staff22 May, 2024

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1,835 BTC Transferred from Binance to OKX

1,835 BTC, valued at approximately $130 million, was transferred from a Binance address to an OKX address. The transaction was detected by Whale Alert. The reason behind the movement of these funds is not yet known, but it could be related to trading, portfolio rebalancing, or any other business activity. Both Binance and OKX are major cryptocurrency exchanges with a large user base and trading volume. The transfer of such a significant amount of Bitcoin between these two exchanges highlights the scale and liquidity of the cryptocurrency market.