Bitcoin Sees Massive 11,770 BTC Outflow from Major CEXs Including Coinbase Pro and Binance

According to the latest data from Coinglass, centralized exchanges (CEX) experienced a significant net outflow of 11,770.52 BTC within the last 24 hours. Leading the withdrawals, Coinbase Pro recorded an outflow of 8,698.42 BTC, followed by Binance with 1,921.04 BTC and Bybit at 529.70 BTC. Conversely, KuCoin registered a modest inflow of 59.09 BTC, topping the inflow charts. Over the past week, the cumulative net outflow from CEX platforms amounted to 23,490.31 BTC, underscoring a continued trend of asset migration away from centralized platforms. This movement reflects shifting investor preferences and liquidity dynamics within the cryptocurrency market, highlighting the importance of monitoring exchange flows for informed trading and risk management strategies.