BREAKING
275d 1h ago

Significant BTC Outflow from CEX: Bithumb Leads with 2792.60 BTC

BTC

BTC/USDT

$71,354.77
+3.55%
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
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 recent data from Coinglass, the cryptocurrency landscape has experienced significant shifts as of May 10th. In a 24-hour period, there was a substantial **net outflow of BTC** from centralized exchanges (CEX), totaling **6198.60 BTC**. Notably, Bithumb led the outflow with **2792.60 BTC**, while Bitfinex and Kraken followed with **2221.76 BTC** and **1331.13 BTC**, respectively. These figures indicate a growing trend of investors moving their assets away from centralized platforms, potentially seeking greater control over their holdings.

Conversely, Binance recorded an **inflow of 421.73 BTC**, positioning it at the forefront of exchange inflows. This contrast highlights the dynamic nature of market activities and investor sentiment surrounding centralized and decentralized exchanges. As the crypto ecosystem evolves, these movements serve as crucial indicators for stakeholders looking to navigate the complexities of **digital asset management**.

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