According to South Korean media *Maeil Business Newspaper*, KOSDAQ-listed company and Bitcoin treasury firm Bitmax has transferred approximately 550 BTC from its wallet to crypto exchanges such as OKX, Bitget, Binance, and Bybit. On-chain data shows the transfers began on January 15 and were completed by February 5. Bitmax stated that this was merely a transfer to custody addresses and that it still holds all the Bitcoin, but did not specify the exact reason. If the related BTC has been sold, it would mean the company liquidated its Bitcoin holdings without disclosure. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58224