BTC Experiences Significant CEX Outflows: Kraken, Bitfinex, and Gate.io Lead the Charge

According to recent insights from COINOTAG on April 21st, the cryptocurrency exchange sector has demonstrated notable trends in Bitcoin (BTC) movements. Data from Coinglass indicates a significant net outflow of 625.12 BTC across centralized exchanges (CEX) within the last 24 hours. Leading the outflow was Kraken with 909.16 BTC exiting, followed by Bitfinex at 358.29 BTC and Gate.io with 157.70 BTC. This trend underscores a shifting focus among investors, potentially signaling a strategic reallocation of assets. Conversely, Coinbase Pro experienced robust inflows, totaling 461.91 BTC, indicating a strong interest in this platform compared to its peers. These dynamics reflect ongoing shifts in the cryptocurrency landscape, highlighting the importance of staying informed on exchange activity.