BTC Sees Significant Outflow from Major Exchanges: Bitfinex and Binance Lead the Way

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

According to COINOTAG News on May 24th, data from Coinglass reveals significant market movements, with centralized exchanges (CEX) experiencing a notable net outflow of 2579.80 BTC in the past 24 hours. The leading exchanges contributing to this trend are: Bitfinex reporting an outflow of 2343.72 BTC, followed closely by Binance with 2043.98 BTC, and Bitstamp at 1254.74 BTC. On the other hand, Kraken exhibited a positive shift, recording an inflow of 1810.39 BTC, securing its position at the top of the inflow leaderboard. These metrics underscore shifting dynamics within the cryptocurrency landscape, highlighting investor sentiment and the flow of digital assets among key platforms.