BitMEX Activates Bitcoin UTXO Containing 13,280 BTC Worth $930M—What Is Happening?
A large on-chain Bitcoin (BTC) movement involving crypto exchange BitMEX has drawn attention across the cryptocurrency market. The transaction saw a wallet linked to BitMEX activate a UTXO containing 13,280 BTC. At the current price of $70,000 per coin, the on-chain activity represents nearly $930 million in value moving across the blockchain. Key Points A…