Analyst: Recently, Kraken has experienced a large outflow of funds, with Bitcoin-related transactions reaching $1.6 billion

ChainCatcher news, according to CryptoSlate's chief analyst James Van Straten, the exchange Kraken has recently experienced a significant outflow of funds, with Bitcoin trading reaching $1.6 billion.

According to Arkham's data, this movement was executed through five transactions from Kraken's deposits to external addresses: three transactions of 6,000 BTC and two transactions of 5,000 BTC. The total Bitcoin transferred amounts to approximately 28,000 coins, which are currently held in the address "bc1q".