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BTC Sees Major CEX Net Outflow of 15,064.50 in Just One Week: Coinbase Pro Leads the Way
By: bitcoin ethereum news|2025/05/05 11:00:02
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COINOTAG reported on May 5th that analysis from Coinglass reveals a significant trend in the cryptocurrency exchange landscape. Over the last week, centralized exchanges (CEX) experienced a net outflow of 15,064.50 BTC. Notably, Coinbase Pro led the way with an outflow of 10,461.07 BTC, followed by Binance with 7,075.83 BTC, and Bybit at 2,598.04 BTC. This substantial movement of Bitcoin underscores the shifting dynamics among traders, potentially indicating a strategic shift towards decentralized alternatives or long-term holding strategies. In contrast, Bitfinex reported a notable influx, attracting 3,481.14 BTC, marking it as the leader in inflows. This discrepancy highlights the ongoing evolution within the crypto market, reflecting varying user trust levels across different platforms. Investors and analysts alike should monitor these trends closely, as they could signal broader market movements and investor sentiment. Source: https://en.coinotag.com/breakingnews/btc-sees-major-cex-net-outflow-of-15064-50-in-just-one-week-coinbase-pro-leads-the-way/
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