Bitcoin Sees Major Outflows: Binance Leads with 1195.29 BTC in Recent CEX Data

According to recent data from Coinglass, the cryptocurrency market is witnessing significant movement, with a total net outflow of 904.28 BTC from centralized exchanges (CEX) in the last 24 hours. Leading this outflow, Binance reported a substantial withdrawal of 1195.29 BTC, followed closely by Bitfinex at 985.72 BTC and Bitstamp with 626.90 BTC. In contrast, Kraken emerged as a key player in the inflow segment, welcoming 1219.46 BTC, which positions it as the dominant exchange for positive net inflows during this period. These statistics underscore the ongoing volatility and shifting liquidity within the crypto market, reflecting investor sentiment and trading strategies.