Markets· ★★★· neutral·

Exchanges see 1,570 BTC net outflow as Asia volume drops 73%

  • —Total exchange reserves stand at roughly 2.45 million BTC
  • —Binance lost 1,743.72 BTC in a day; Coinbase Pro gained 240.47 BTC
  • —Bitfinex led weekly inflows with 3,049.67 BTC
  • —US BTCUSDT volume hit $260.11 million versus $167.96 million in Asia
Why it matters: Falling exchange balances and a shift of trading activity to US hours signal a change in regional bitcoin demand.
Source: TokenPost