Breaking: Over $50 million in Bitcoin leave OKEx as the exchange re-opens withdrawals


OKEx, one of the world’s largest cryptocurrency exchanges, unlocked the withdrawal functionality ahead of the scheduled time. According to the official blog information, users’ funds have been unlocked at  8:00 (UTC) on November 26, 2020.  

The development led to a massive BTC outflow from the exchange. As on-chain data provider CryptoQuant reports, users took away  2,822 BTC worth of over $50 million, which is the most significant one-time withdrawal amount in the company’s history. 

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