A crypto whale moved 244.84 XAUT to the OKX exchange, valued at roughly $1.24 million at the time of transfer. The tokens had been acquired about three weeks earlier when their value stood near $1.06 million, implying a potential paper profit of around $180,000 if exited.
Transfers of this size between major exchanges underscore ongoing liquidity movements within crypto markets. Analysts note that such moves can reflect arbitrage, market rebalancing, or shifts in portfolio exposure as investors reassess risk in volatile assets.
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