Four Unknown Addresses Withdraw 3,072 BTC ($174 Million) from Exchanges

IconCryptoNewsTerminal Staff10 Sep, 2024

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Four Unknown Addresses Withdraw 3,072 BTC ($174 Million) from Exchanges

On-chain analyst The Data Nerd reported via Twitter that "four unknown addresses withdrew 3,072 BTC ($174 million) from Kraken and Binance exchanges in three hours." He further analyzed the data to expound on the withdrawal. In this transaction, four addresses received 768 BTC from Binance and 2,304 BTC from Kraken. The top withdrawal transaction was for 1,428 BTC from Binance. The Data Nerd said that while the addresses are unknown, they are likely controlled by the same entity.