A post by @whale_alert on X.

Whale Alert reported a transfer of 1,408 BTC, valued at roughly $106.9 million, from the OKX exchange to an unidentified wallet. The move ranks among the larger single outflows tracked by the service and shifts a nine-figure sum of bitcoin off a major centralized venue. Because destination wallets are unlabeled, the transfer could reflect a custody reshuffle, an OTC settlement, or accumulation by a large holder rather than a directional trade. Traders typically watch exchange outflows as a signal of reduced near-term sell-side supply, though a single transaction offers limited confirmation. What to watch next is whether OKX reserves keep declining over subsequent sessions or the coins return to an exchange.