Newly created address withdraws more than 105 BTC from BitMEX

Newly created address withdraws more than 105 BTC from BitMEX

N
News Editor
2026-08-02 06:25:08
OnchainLens reported that a newly created wallet withdrew 100 Bitcoin from BitMEX, valued in the source report at about $6.34 million. At the same time, another address linked to the same entity received 5.055 BTC, worth roughly $318,500. Combined, the two transfers amounted to more than 105 BTC, with a total estimated value of about $6.66 million. The ownership of the addresses has not been identified, and the specific purpose of the funds remains unclear. The report described the activity as a large exchange outflow, showing assets moving off BitMEX and into external wallets, but did not provide further details on the entity behind the transfers.

OnchainLens said a newly created address withdrew 100 BTC from BitMEX, valued in the source report at about $6.34 million.

At the same time, another address linked to the same entity received 5.055 BTC, worth about $318,500. Together, the two transfers totaled more than 105 BTC, with an estimated combined value of around $6.66 million.

The ownership of the addresses is still unknown, and the specific use of the funds was not disclosed.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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