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Futures
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Auto-invest on a regular basis
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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
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BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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BTC large withdrawal wave: nearly 3000 coins flowed out of the CEX in 24 hours, yet this exchange is accumulating against the trend.
[Block Rhythm] Just saw an interesting set of on-chain data. In the past 24 hours, centralized exchanges experienced a wave of BTC withdrawals - with a cumulative net outflow reaching 2949.67 BTC.
Who are the top three with the most outflow? A certain leading exchange is far ahead with an outflow of 2950.29 BTC, followed closely by a certain derivatives exchange with an outflow of 628.18, and a certain compliant platform also contributed an outflow of 596.89. It seems that large holders are withdrawing coins to their wallets. Are they looking to self-manage or waiting for a better price?
Interestingly, a leading platform is accumulating against the trend, with a net inflow of 670.58 BTC in the last 24 hours, becoming the only direction of capital inflow. Is this operation an institution bottom-fishing, or is the market reconfiguring? The data speaks, but the logic must be thought out by oneself.