Onchain Lens flagged that BitMEX, the exchange held by Arthur Hayes, moved 367.65 BTC from a cold wallet to a hot wallet about four hours ago. The transfer was worth around $23.92 million. The cold wallet address was listed as bc1q...srq64. According to the monitoring data, BitMEX has carried out similar transfers over the past week, possibly to handle retail withdrawals. The activity follows BitMEX's announcement last month that it would close.
Onchain Lens reported that BitMEX, the exchange held by Arthur Hayes, moved 367.65 BTC from a cold wallet to a hot wallet about four hours before the alert. The transfer was worth approximately $23.92 million.
The cold wallet address was listed as bc1q...srq64. Over the past week, the exchange has repeatedly made similar transfers, possibly to handle retail withdrawals. BitMEX announced last month that it would shut down.
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