【BlockBeats】On-chain data shows that in the past day, major global CEXs experienced significant capital fluctuations. Overall, major exchanges have net outflows of 2,602.96 BTC. Where did this money go?
The biggest outflow was from Kraken, which transferred out 2,082.81 BTC, far ahead of others. Next was Bybit, with an outflow of 890.71 BTC. Coinbase Pro followed closely, with an outflow of 765.72 BTC. The three exchanges together have a total outflow of nearly 3,700 BTC.
Interestingly, while most exchanges are selling off, a leading exchange is actually accumulating. During the same period, it received 1,030.68 BTC, maintaining the top spot for inflows.
What does this mean? Large investors are conducting capital reallocation between exchanges—some are selling, others are buying. Whether they are holding coins in anticipation of a bullish market or reallocating funds for arbitrage remains to be seen, and further price movements and on-chain activity should be monitored.
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BTC Large Transfer Signal: 24-Hour Fund Flow Analysis of Major Exchanges
【BlockBeats】On-chain data shows that in the past day, major global CEXs experienced significant capital fluctuations. Overall, major exchanges have net outflows of 2,602.96 BTC. Where did this money go?
The biggest outflow was from Kraken, which transferred out 2,082.81 BTC, far ahead of others. Next was Bybit, with an outflow of 890.71 BTC. Coinbase Pro followed closely, with an outflow of 765.72 BTC. The three exchanges together have a total outflow of nearly 3,700 BTC.
Interestingly, while most exchanges are selling off, a leading exchange is actually accumulating. During the same period, it received 1,030.68 BTC, maintaining the top spot for inflows.
What does this mean? Large investors are conducting capital reallocation between exchanges—some are selling, others are buying. Whether they are holding coins in anticipation of a bullish market or reallocating funds for arbitrage remains to be seen, and further price movements and on-chain activity should be monitored.