{"id":30217,"date":"2020-10-16T17:24:04","date_gmt":"2020-10-16T14:24:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30217"},"modified":"2025-08-27T21:09:40","modified_gmt":"2025-08-27T18:09:40","slug":"22-million-in-bitcoin-moved-from-huobi-to-okex-despite-withdrawal-suspension","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/22-million-in-bitcoin-moved-from-huobi-to-okex-despite-withdrawal-suspension\/","title":{"rendered":"$22 million in Bitcoin moved from Huobi to OKEx despite withdrawal suspension"},"content":{"rendered":"<p>An anonymous user transferred 1,995 BTC (about $22.6 million) from the Huobi cryptocurrency exchange to OKEx. The motive for the transaction remains unclear in light of the temporary withdrawal suspension.<!--more--><\/p>\n<p>According to Whale Alert, the amount was split into two transactions, separated by 2.5 hours.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8 998 <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> (11,333,911 USD) transferred from <a href=\"https:\/\/twitter.com\/hashtag\/Huobi?src=hash&#038;ref_src=twsrc%5Etfw\">#Huobi<\/a> to <a href=\"https:\/\/twitter.com\/hashtag\/OKEx?src=hash&#038;ref_src=twsrc%5Etfw\">#OKEx<\/a><\/p>\n<p>Tx: <a href=\"https:\/\/t.co\/m267yjmGjh\">https:\/\/t.co\/m267yjmGjh<\/a><\/p>\n<p>\u2014 Whale Alert (@whale_alert) <a href=\"https:\/\/twitter.com\/whale_alert\/status\/1317010173848883200?ref_src=twsrc%5Etfw\">October 16, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8 997 <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> (11,265,034 USD) transferred from <a href=\"https:\/\/twitter.com\/hashtag\/Huobi?src=hash&#038;ref_src=twsrc%5Etfw\">#Huobi<\/a> to <a href=\"https:\/\/twitter.com\/hashtag\/OKEx?src=hash&#038;ref_src=twsrc%5Etfw\">#OKEx<\/a><\/p>\n<p>Tx: <a href=\"https:\/\/t.co\/F6ax4K5RdK\">https:\/\/t.co\/F6ax4K5RdK<\/a><\/p>\n<p>\u2014 Whale Alert (@whale_alert) <a href=\"https:\/\/twitter.com\/whale_alert\/status\/1317048360277364738?ref_src=twsrc%5Etfw\">October 16, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some users speculated that the sender did not receive OKEx&#8217;s notice of the withdrawal suspension.<\/p>\n<p>According to Chain.info, thanks to the transfer of 1,995 BTC from Huobi, OKEx&#8217;s outflow over the past 24 hours fell to 6,269 BTC. At the time of writing, OKEx&#8217;s cold, hot and deposit wallets held 276,184 BTC.<\/p>\n<div id=\"attachment_113538\" style=\"width: 634px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-113538\" class=\"size-full wp-image-113538\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image1-335.png\" alt=\"$22 million in Bitcoin moved from Huobi to OKEx despite withdrawal suspension\" width=\"624\" height=\"271\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image1-335.png 624w, https:\/\/u1f987.com\/wp-content\/uploads\/image1-335-300x130.png 300w\" sizes=\"auto, (max-width: 624px) 100vw, 624px\" \/><\/p>\n<p id=\"caption-attachment-113538\" class=\"wp-caption-text\">Daily bitcoin flow on OKEx. Source: Chain.info.<\/p>\n<\/div>\n<p><strong>Update: <\/strong>Whale Alert recorded moves of 5,000 BTC and 3,500 BTC from OKEx to Binance addresses. The service representatives said these could be internal exchange transfers.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8 \ud83d\udea8 \ud83d\udea8 \ud83d\udea8 \ud83d\udea8 5,000 <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> (56,557,317 USD) transferred from <a href=\"https:\/\/twitter.com\/hashtag\/OKEx?src=hash&#038;ref_src=twsrc%5Etfw\">#OKEx<\/a> to <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a><\/p>\n<p>Tx: <a href=\"https:\/\/t.co\/2Ciw8nsZo3\">https:\/\/t.co\/2Ciw8nsZo3<\/a><\/p>\n<p>\u2014 Whale Alert (@whale_alert) <a href=\"https:\/\/twitter.com\/whale_alert\/status\/1317110095290007557?ref_src=twsrc%5Etfw\">October 16, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\u2139\ufe0f We suspect these are internal exchange transfers. We are investigating the matter right now.<\/p>\n<p>\u2014 Whale Alert (@whale_alert\/status\/1317115833513070596?ref_src=twsrc%5Etfw&#8221;>October 16, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Read more about the OKEx situation and the reasons for the withdrawal suspension at <a href=\"https:\/\/u1f987.com\/en\/news\/okex-suspends-withdrawals-media-report-founder-detained\">the link<\/a>.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"NX3Sphvnif\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/okex-suspends-withdrawals-media-report-founder-detained\">OKEx suspended withdrawals. The media reported the founder&#8217;s arrest<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u00abOKEx suspended withdrawals. The media reported the founder's arrest\u00bb \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/news\/okex-priostanovila-vyvod-sredstv-bitkoin-birzha-ne-mozhet-svyazatsya-s-derzhatelem-privatnogo-klyucha\/embed#?secret=1gtZX0OUHn#?secret=NX3Sphvnif\" data-secret=\"NX3Sphvnif\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Subscribe to ForkLog&#8217;s YouTube channel!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An anonymous user transferred 1,995 BTC (about $22.6 million) from the Huobi cryptocurrency exchange to OKEx. The motive for the transaction remains unclear in light of the temporary withdrawal suspension.<\/p>\n","protected":false},"author":1,"featured_media":30218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,230,1291],"class_list":["post-30217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-huobi","tag-okx"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=30217"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30217\/revisions"}],"predecessor-version":[{"id":30219,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30217\/revisions\/30219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/30218"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=30217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=30217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=30217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}