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.