Centralized Exchanges Report Net Inflow of 115,200 ETH in 24 Hours
Recent data reveals significant outflows from Kraken and Coinbase Pro, while Bitfinex sees a net inflow, indicating contrasting liquidity movements across platforms.
BTC
Summary
In the past 24 hours, centralized exchanges (CEXs) saw a net outflow of 17,940.48 BTC. Kraken led the outflow with 16,859.07 BTC, followed by Coinbase Pro with 1,914.07 BTC, and Binance with 551.76 BTC. Bitfinex, in contrast, recorded a net inflow of 884.28 BTC, indicating differing liquidity trends across platforms.
Terms & Concepts
- Centralized Exchanges: Platforms that facilitate cryptocurrency trading, where a central authority controls transactions and custody of funds.
- BTC: Bitcoin, the first and most well-known cryptocurrency, often used as a store of value or medium of exchange.