ZachXBT: Bitforex hot wallet experienced approximately $56.5 million in outflows
By:Cointime
ZachXBT, a detective on the chain, pointed out that about $56.5 million flowed out of Bitforex's hot wallet and shortly thereafter, withdrawal processing was stopped without an official announcement. Users are currently asking questions on Telegram, trying to get a response from the team. Interestingly, their CEO resigned a month ago. In addition, Bitforex holds 18% of TRB supply and 7% of OMI supply. ZachXBT suggests monitoring several specific wallet addresses.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
