Significant Bitcoin Outflows: Coinbase Pro Leads with 7276.20 BTC in 24 Hours
The post Significant Bitcoin Outflows: Coinbase Pro Leads with 7276.20 BTC in 24 Hours appeared on BitcoinEthereumNews.com. On May 14th, COINOTAG reported significant developments in the cryptocurrency market as CEX platforms recorded a **staggering outflow** of 9,862.16 BTC within a single day, as indicated by data from **Coinglass**. Notably, **Coinbase Pro** led the outflow with a remarkable 7,276.20 BTC, followed by **Binance** and **Kraken**, which experienced outflows of 2,076.16 BTC and 1,164.43 BTC, respectively. This trend showcases a shift in investor sentiment, prompting a reevaluation of holdings among major exchanges. Conversely, **Bitfinex** reported an inflow of 794.14 BTC, positioning it as a primary beneficiary in the current climate. Such dynamics in capital flow underscore the **volatile nature** of the crypto market, reinforcing the need for investors to stay informed on exchange activities as they navigate their portfolios strategically. Source: https://en.coinotag.com/breakingnews/significant-bitcoin-outflows-coinbase-pro-leads-with-7276-20-btc-in-24-hours/
The post Significant Bitcoin Outflows: Coinbase Pro Leads with 7276.20 BTC in 24 Hours appeared on BitcoinEthereumNews.com.
On May 14th, COINOTAG reported significant developments in the cryptocurrency market as CEX platforms recorded a **staggering outflow** of 9,862.16 BTC within a single day, as indicated by data from **Coinglass**. Notably, **Coinbase Pro** led the outflow with a remarkable 7,276.20 BTC, followed by **Binance** and **Kraken**, which experienced outflows of 2,076.16 BTC and 1,164.43 BTC, respectively. This trend showcases a shift in investor sentiment, prompting a reevaluation of holdings among major exchanges. Conversely, **Bitfinex** reported an inflow of 794.14 BTC, positioning it as a primary beneficiary in the current climate. Such dynamics in capital flow underscore the **volatile nature** of the crypto market, reinforcing the need for investors to stay informed on exchange activities as they navigate their portfolios strategically. Source: https://en.coinotag.com/breakingnews/significant-bitcoin-outflows-coinbase-pro-leads-with-7276-20-btc-in-24-hours/
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