Bitcoin Withdrawal Trend Continues, CEX Sees Net Outflow of 1,729.96 BTC in 24 Hours

Bitcoin Withdrawal Trend Remains Strong

According to Coinglass data released on January 19, the net outflow of BTC from centralized exchanges (CEXs) reached 1,729.96 BTC in the past 24 hours. This indicates that users are consistently moving funds out of exchanges, likely for greater control or security.

Top Exchanges by Outflow

Among the outflows during this period, the following CEXs saw the highest amounts:

• Kraken: 2,394.43 BTC outflow
• Bybit: 395.37 BTC outflow
• Bitfinex: 62.33 BTC outflow

Binance Leads Inflows

Notably, Binance experienced a net inflow of 793.77 BTC during this time, making it the exchange with the largest BTC inflow.