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by: xpoolPosted on: April 11, 2025

Kraken Faces Massive Bitcoin Withdrawal Mystery: $578 Million Moved in a Single Transaction

A massive cryptocurrency withdrawal has shaken the crypto world, leaving major US exchange Kraken in a state of uncertainty. Over 7,002 bitcoins, valued at approximately $578 million USD, have been moved from Kraken to an unknown wallet. While this unprecedented move remains unexplained, on-chain data sheds light on possible origins and connections within the platform itself.

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  1. $94 Million Bitcoin Mystery: Coinbase Receives Large Transfer From Unknown Address
  2. Kraken’s $578 Million Bitcoin Withdrawal Sparks Market Speculation
  3. Bitcoin Plummets Below 89,000 USDT, Experiences Significant Daily Drop
  4. Bitcoin Drops Below $90,000 after 6.7% Slump
Bitcoin Cryptocurrency Exchange Kraken

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