Copper-Linked Addresses Deposit $210 Million in BTC and ETH to OKX

IconCryptoNewsTerminal Staff05 Sep, 2024

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Copper-Linked Addresses Deposit $210 Million in BTC and ETH to OKX

Copper-Linked Addresses Deposit $210 Million in BTC and ETH to OKX Crypto media outlet WuBlockchain reported via Twitter that "Two addresses labeled as 'crypto custody firm Copper' deposited 1224.6 BTC ($69.33 million) and 59,832.2 ETH ($140 million) to OKX" through X. This substantial transfer indicates the growing adoption of cryptocurrencies by institutional investors and highlights OKX's position as a trusted exchange for custody and trading. The influx of funds also suggests a positive outlook for the crypto market in the long term.