
Coinglass data shows significant BTC and ETH inflows on February 4, with Binance and OKX leading asset-specific surges while Gemini and Bybit posted the largest respective outflows.
According to Coinglass, centralized exchanges recorded a net inflow of 4,069.98 BTC and 83,800 ETH over the past 24 hours on February 4. Binance led Bitcoin inflows with 2,780.43 BTC, followed by Kraken with 1,975.72 BTC and Bitfinex with 965.37 BTC, while Gemini saw the largest BTC outflow of 1,315.59 BTC. For Ethereum, OKX registered the biggest inflow at 55,900 ETH, closely followed by Coinbase Pro with 55,000 ETH and Binance with 4,995.67 ETH. Bybit recorded the largest ETH outflow of 3,227.25 ETH. Exchange flows are closely tracked as inflows can indicate potential short-term selling or heightened trading activity, while outflows may signal longer-term holding behavior.