TREE NEWS update: CoinEx will close its exchange on its ninth anniversary, with withdrawals ending Dec. 22. Arkham attributes $422.7 million across 3.2 million addresses to CoinEx, while the exchange’s reserve page shows no current audit rows.
CoinEx to Shut Down Exchange on Its Ninth Anniversary
An exchange closing on its own anniversary, with a hard withdrawal deadline, is a wind-down rather than a migration — and the absence of current audit rows on its reserve page removes the usual reassurance that customer assets are accounted for. The $422.7 million Arkham attributes across 3.2 million addresses gives a rough sense of how many holders and how much value are exposed to the deadline. Whether withdrawals proceed without friction, and whether that on-chain attribution holds up, is the open question.
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