Bitcoin Sees Major CEX Outflows: Coinbase Pro Leads with 8707 BTC

According to recent data from Coinglass, crypto exchanges have experienced a significant shift in asset movement within the last 24 hours. A total net outflow of 5065.73 BTC was recorded across centralized exchanges (CEX), underscoring a trend of capital redistribution among major platforms. Leading the pack, Coinbase Pro faced the largest outflow, with a staggering withdrawal of 8707.22 BTC, followed by Bybit at 2020.89 BTC and Kraken with 1042.17 BTC. In contrast, Binance emerged as the significant beneficiary of this trend, witnessing an inflow of 5651.67 BTC, which positions it at the forefront of exchange activity. These figures reflect ongoing market dynamics and investor behavior in the ever-evolving cryptocurrency landscape.

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