Significant BTC Outflows: Coinbase Pro Leads with Over 8,600 BTC in 24 Hours

On May 30th, COINOTAG reports significant shifts in the cryptocurrency landscape, highlighted by recent data from Coinglass. In the preceding 24 hours, centralized exchanges (CEX) experienced a **total net outflow** of **10,409.82 BTC**. Notably, Coinbase Pro led the outflow with **8,607.00 BTC**, followed by Kraken with **3,787.62 BTC**, and Gemini, which recorded a **490.91 BTC** outflow. This withdrawal trend may indicate waning investor confidence or a strategic portfolio realignment among participants. Conversely, Bitfinex emerged as a notable exception, registering an **inflow of 788.49 BTC**, securing its position as the leading exchange for inflows. These contrasting movements underscore the dynamic nature of cryptocurrency markets and warrant close attention as investors navigate the volatile terrain. The continued fluctuations in exchange activity reflect broader trends influencing the digital asset ecosystem.

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