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Over 1,000 BTC net outflow from CEX in 24 hours, how funds are flowing this way
【BitPush】According to on-chain data, the total net outflow of BTC from centralized exchanges in the past 24 hours reached 1,037.83 coins. Who was the most active during this coin withdrawal wave? A leading platform took the lead, with a net outflow of 915.96 BTC; followed closely by another exchange with a net outflow of 499.46 BTC; and then our Gate, with an outflow of 238.68 BTC.
Interestingly, the other side of the market is also playing a absorption drama—Kraken has become the “vampire,” absorbing a total of 796.45 BTC in one go, making it the top inflow in the 24-hour list. This indicates that fund migration between exchanges is quite active, and the strategic differences among platforms are reflected in these flow data.