📊 BTC on the Move: CEX Net Outflow Tops 10,775 BTC
Is Bitcoin gearing up for another leg up? #Bitcoin #OnChainData
According to @coinglasscom:
🔻 Past 7 days net CEX outflow: 10,775.93 BTC
Breakdown:
– Coinbase Pro: –7,958.1 BTC
– Kraken: –2,070.76 BTC
– Binance: +2,087.99 BTC (net inflow)
🔍 What it means:
– Coinbase outflows suggest U.S. institutions accumulating
– Binance inflow could signal retail interest or regional arbitrage
– Net outflows from exchanges = reduced sell pressure = bullish undertone 📈
CEX flow patterns are painting a quiet accumulation phase.
