According to @OnchainLens, a newly created wallet withdrew 1,000 BTC valued at approximately USD 115.57 million from OKX over the past two days to address 1LVEfHXn9GDNr7DECE8iLgneDoQtryGNtb (source: @OnchainLens). According to @OnchainLens, the implied average transfer value is roughly USD 115,570 per BTC based on the reported totals (source: @OnchainLens). For traders, this confirms a significant OKX outflow and provides a specific address to monitor for any re-deposits to exchanges or further self-custody transfers, according to @OnchainLens. No additional ownership attribution or entity identification was provided, according to @OnchainLens.

According to @lookonchain, a newly created wallet withdrew 3,500 BTC, valued at $415.8 million, from Gemini in the past four days. This significant outflow from a major exchange is often interpreted by traders as a bullish signal, suggesting that large holders may be moving assets into cold storage, reducing immediate selling pressure on the open market. Such whale movements can increase volatility and prompt short-term price reactions in the Bitcoin (BTC) market. Source: @lookonchain.