Alameda Research withdraws $20.9M in crypto from KuCoin

An address associated with Alameda Research has withdrawn a total of $20.89 million in various cryptocurrencies from KuCoin over the past two hours, Onchain Lens reported. The withdrawals include 162.64 BTC ($13.21 million), 274.29 ETH ($630,000), 315,299 MASK ($168,000), and 6.877 million USDT. Withdrawals from exchanges are typically interpreted as a move to hold assets.