COINOTAG (Sept 9) citing Coinglass data reports a 24-hour CEX net inflow of 3,057.57 BTC, underscoring notable institutional deposit activity. The leading venues by inflow were Kraken with 2,030.23 BTC, Bitfinex at 730.35 BTC, and Coinbase Pro with 685.85 BTC, while Binance registered the largest outflow of 832.55 BTC.
Market participants can interpret these on-chain exchange flows as a shifted custody preference toward specific centralized platforms; the reported patterns highlight differential liquidity movements across major cryptocurrency exchanges without implying directional price forecasts.
Separately, COINOTAG notes a moderation in Ethereum withdrawals, with a reported net inflow of 24,400 ETH to CEX over the same 24-hour window, reflecting subdued withdrawal demand.