Bitcoin Sees Major CEX Outflow: 1327.66 BTC Withdrawn with Binance Leading the Charge

According to recent data from Coinglass, the centralized exchange (CEX) sector has experienced significant fluctuations in the past 24 hours, witnessing a net outflow of 1327.66 BTC. Notably, Binance led the outflow with a substantial 1240.69 BTC, followed by Bybit with 248.38 BTC and bitFlyer at 162.39 BTC. In contrast, Kraken emerged as the sole exchange reporting a net inflow, gaining 302.52 BTC. This shift highlights ongoing trends in the cryptocurrency market, where liquidity preferences and user behaviors are continuously evolving. Stakeholders should monitor these movements closely as they could indicate broader market sentiments and potential trading opportunities.