🚨NEWS IN: $BTC SIGNIFICANT CEX OUTFLOWS 🔥🔥🔥
Data from Coinglass on September 3rd reveals a substantial 24-hour net outflow of 898.13 BTC from centralized exchanges (CEX). Leading the trend, Binance saw the largest withdrawal of 1,194.49 BTC. It was followed by Coinbase Pro with an outflow of 674.44 BTC and Bithumb with 304.17 BTC. Bucking the trend, Bitstamp was the notable exception, recording the top inflow of 335.46 BTC. This mass movement off trading platforms can often be interpreted as a long-term holding strategy, potentially reducing immediate selling pressure.
