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28d 13h ago

Bitcoin (BTC) Sees 336 BTC Net CEX Outflow in 24 Hours as Coinbase Pro, Gemini and Bybit Lead Withdrawals

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Bitcoin (BTC) Sees 336 BTC Net CEX Outflow in 24 Hours as Coinbase Pro, Gemini and Bybit Lead Withdrawals

COINOTAG News, citing Coinglass data, reports that in the last 24 hours, centralized exchanges have recorded a net outflow of 336.27 BTC, reinforcing the ongoing withdrawal trend in the market. The movement aligns with broader on-chain signals, as traders adjust custody strategies.

Among the largest drainers, Coinbase Pro led with a withdrawal of 1,071.6 BTC, followed by Gemini at 959.21 BTC, and Bybit with 683.5 BTC. Collectively, these outflows underscore a shift away from exchange-held reserves as market participants rebalance risk.

Conversely, Binance registered a significant inflow of 2,856.13 BTC, ranking first in inflows for the period, illustrating mixed liquidity movements across major venues and highlighting the asymmetric flow dynamics that can influence spot liquidity and price discovery.

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