OKEx exchange conducted a test withdrawal of funds from the platform

Cryptocurrency exchange OKEx conducted withdrawal tests in anticipation of a full recovery of operations.

As noted by Ki Yong-ju, CEO of the CryptoQuant analytical platform, 0.02 BTC ($370 at the current rate) was withdrawn from one of the OKEx wallets.

Zhu expects the resumption of withdrawals fromOKEx may lead to increased volatility in the cryptocurrency market, as users show significant interest in restoring access to their assets.

OKEx stopped withdrawing funds on October 16, afterafter one of the holders of her private key was unavailable due to an ongoing investigation in China. The exchange expects to resume outgoing transactions by Friday, November 27th.

Preparing to resume withdrawals from OKExoccurs simultaneously with the appearance of its founder Star Xu on social networks. Commenting on the latest events, Xu said that the authorities were convinced of his innocence.

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