Bitcoin Fund Flow Overview

Recent data reveals significant Bitcoin movement over the past 24 hours, with a net inflow of 7,886.76 BTC into centralized exchanges (CEXs), drawing considerable market attention.

Major Inflow Exchanges

Three exchanges stood out in terms of fund inflows:

  • Binance: Recorded an inflow of 8,112.59 BTC, making it the largest recipient of funds.
  • Coinbase Pro: Saw 1,515.63 BTC in inflows, reflecting user confidence in the platform.
  • Bitfinex: Experienced an inflow of 1,011.62 BTC, further solidifying its market position.

Outflow Insights

On the flip side, some exchanges experienced outflows. Notably, Kraken saw the largest outflow at 3,915.55 BTC, potentially indicating shifts in user trust or strategy.