The Turkish cryptocurrency exchange BtcTurk has recently experienced a substantial wave of suspicious outflows, totaling an alarming $48 million, amidst growing concerns and fears of a potential hacking incident. This notable financial movement has raised eyebrows within the crypto community, as investors and users grapple with the implications of these withdrawals and the overall security of their assets on the platform. As worries regarding the exchange's safety intensify, many are left questioning the stability of cryptocurrency exchanges in the current volatile market environment.
source: https://www.coindesk.com/business/2025/08/14/turkish-crypto-exchange-btcturk-witnesses-usd48m-of-suspicious-outflows-amid-hack-fears