#OKEx has reportedly suspended all cryptocurrency withdrawals from the exchange.

Our data confirms that there have been no outgoing #BTC or #ETH transfers since 4:00 UTC today.

Live chart | @glassnode

According to our data, around 200,000 BTC (1.1% of the circulating #bitcoin supply) are currently held in #OKEx wallets.

That is around $2.3 billion worth of bitcoins stored in the exchange's vaults.

Live chart | @glassnode

Prior to the suspension of cryptocurrency withdrawals from #OKEx, we observed large BTC outflows from the exchange.

According to our data, a total of 10,000 BTC (~$113 million USD) were withdrawn in two large batches in the past 48 hours.

#Bitcoin

Live chart | @glassnode

Since yesterday's announcement from #OKEx to resume withdrawals, we have seen an outflow of 29,300 $BTC from the exchange.

In the same time period 21,600 BTC have been deposited, reducing the exchange's balance to ~212k BTC.

#Bitcoin

Live chart | @glassnode