CEXs record 2,721.19 BTC net outflow over seven days

Centralized crypto exchanges recorded a cumulative net outflow of 2,721.19 BTC over the past seven days as Bitcoin posted sharp gains during the week, according to CoinGlass data cited by BlockBeats on August 22. Bithumb led individual exchange outflows with 6,058.26 BTC, followed by Kraken with 3,470.62 BTC. The total was lower than the combined withdrawals at those two venues because other exchanges recorded net inflows. Funding rates across major centralized and decentralized exchanges were broadly neutral, indicating a more balanced split between long and short positions in perpetual futures markets.

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