Over 2300 BTC Net Outflow from CEXs in Past 24 Hours, Binance Leads

Bitcoin Continues to Flow Out from Major Exchanges

Recent data shows a significant drop in Bitcoin (BTC) holdings on centralized exchanges (CEXs) over the past 24 hours, with a net outflow exceeding 2,300 BTC. This trend suggests that investors may be moving their funds to personal wallets or exploring other on-chain opportunities.

Breakdown of Major Exchange Outflows

Among the exchanges, Binance experienced the highest outflow, reaching 754.04 BTC, indicating active withdrawals by its users. Gemini followed closely with 633.90 BTC outflow, while Kraken recorded 505.86 BTC outflow.

• Binance: 754.04 BTC outflow
• Gemini: 633.90 BTC outflow
• Kraken: 505.86 BTC outflow

Highlight on Inflows

Despite the overall trend of outflows, Coinbase Pro saw a net inflow of 66.18 BTC, making it the exchange with the highest inflow during the period, suggesting strong confidence among a segment of investors.