Bitcoin Movement Trends
Recent data reveals a significant decline in Bitcoin reserves held on centralized exchanges over the past 24 hours. The total net outflow reached 16,886.11 BTC, indicating that a portion of users are moving their holdings away from exchange platforms.
Top Exchanges with BTC Outflows
Binance recorded the highest outflow at 11,097.67 BTC, followed by Bithumb with 4,605.54 BTC, and OKX with 2,400.75 BTC. This suggests that users on these platforms are increasingly opting to store their assets elsewhere, possibly in personal wallets or alternative custodial solutions.
Notable Inflow Source
In contrast, Coinbase Pro saw a notable inflow of 829.85 BTC, making it the only major exchange with a net gain during this period. This could imply a shift in user behavior, with some investors choosing to deposit funds for trading or holding purposes.
- Binance: Outflow of 11,097.67 BTC
- Bithumb: Outflow of 4,605.54 BTC
- OKX: Outflow of 2,400.75 BTC
- Coinbase Pro: Inflow of 829.85 BTC
Overall, the movement highlights a growing preference among users for greater control over their funds, reflecting broader shifts in investor sentiment and behavior.