Centralized Exchanges See Over 1,079 BTC Net Inflows in 24 Hours

According to Coinglass, centralized exchanges logged significant Bitcoin and Ethereum inflows, with Binance leading deposits and Coinbase Pro registering the largest withdrawals.

BTC
ETH

Summary

Coinglass reported that centralized exchanges recorded a net inflow of 2,364.99 BTC in the past 24 hours. Binance led with 1,945.80 BTC of inflows, followed by Bitfinex with 1,586.08 BTC and Kraken with 1,272.34 BTC. In contrast, Coinbase Pro saw a net outflow of 2,364.99 BTC. Additionally, CEXs registered a combined net inflow of 73,000 ETH during the same period, highlighting sustained asset movement across major trading platforms.

Terms & Concepts
  • Net Inflow: The total cryptocurrency deposited into an exchange minus the amount withdrawn over a specific period.
  • Centralized Exchange (CEX): A cryptocurrency trading platform operated by a centralized organization that facilitates asset custody and transactions for users.
  • BTC: The ticker symbol for Bitcoin, the first and largest cryptocurrency by market capitalization.