Bullish
BitMEX Records First Withdrawal Over $10M Since Closure With 468.3 BTC Moved
2026-07-31 19:05:49
A fresh wallet extracted 468.3 BTC worth ~$29.88M from BitMEX, marking the largest single outflow since the exchange announced its shutdown.
Woofun AI data shows that a newly generated wallet has withdrawn 468.3 BTC from BitMEX, representing a value of approximately $29.88 million. This transaction constitutes the first single withdrawal exceeding $10 million since the platform declared its closure.
WOOFUN AI
Impact Assessment · Quick Read
This large-scale outflow signals active asset redistribution as BitMEX winds down operations. The movement of nearly $30M in BTC may indicate institutional or high-net-worth users securing funds ahead of final settlement, potentially increasing short-term selling pressure if these coins are offloaded to spot markets.
Generated by WOOFUN AI · For reference only, not investment advice
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