Centralized Crypto Exchanges Record 2,735 BTC Net Inflow in 24 Hours

Binance, Bybit, and OKX led significant Bitcoin inflows, while Gemini posted the largest withdrawal among major centralized platforms.

BTC

42d ago

Summary

Coinglass data from February 1 shows centralized exchanges registered a net inflow of 2,735.75 BTC over the past 24 hours. Binance led with 1,894.20 BTC, followed by Bybit at 1,331.39 BTC and OKX at 467.36 BTC. Gemini recorded the largest net outflow, withdrawing 767.86 BTC. The shift from prior net outflows to substantial inflows could reflect changes in trader behavior or positioning ahead of market events.

Terms & Concepts

Centralized Exchange: A cryptocurrency trading platform operated by a single organization that manages user accounts and funds.
Net Inflow: The total amount of assets deposited into an exchange minus the amount withdrawn.
BTC: The ticker symbol for Bitcoin, the first and most widely recognized cryptocurrency.