Centralized Exchanges See 2,167 BTC Net Outflow in 24 Hours
Data from CoinGlass reveals that over 21,900 BTC left centralized exchanges, with Coinbase Pro and Binance leading the outflows, while Bitfinex saw an inflow.
BTC
Summary
CoinGlass reports that over 21,900 BTC left centralized exchanges in the past week, with Coinbase Pro and Binance leading the outflows. Binance recorded a withdrawal of 14,772.21 BTC, while Coinbase Pro saw 14,272.04 BTC leave. Bitfinex, in contrast, experienced an inflow of 6,332.41 BTC, indicating shifts in user behavior across platforms.
Terms & Concepts
- Centralized Exchange (CEX): A cryptocurrency trading platform operated by a centralized organization that manages user accounts and transactions.
- Asset Outflow: The total amount of cryptocurrency or funds withdrawn from a platform or exchange over a specified period.