Markets· ★★★· bearish·

CoinGlass: 1,590 BTC net inflow to exchanges as Asia volume jumps 37%

  • —Total BTC held on exchanges stood at about 2.446 million on October 14
  • —Daily net inflow of 1,590 BTC; weekly +13,671 BTC; monthly -29,503 BTC
  • —Coinbase Pro saw 1,110 BTC outflow, Binance 1,615 BTC inflow, Kraken 504 BTC inflow
  • —Binance BTCUSDT volume rose 37% in Asia to $602M and fell 54% in the US
Why it matters: Rising exchange inflows and a shift of trading activity to Asia may signal growing sell-side pressure on bitcoin.
#BTC
Source: TokenPost
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