Markets· ★★★· bearish·

Exchanges see 6,980 BTC net inflow as US trading volume jumps 257%

  • —Total exchange balances stand at 2,497,815 BTC, with a 6,980 BTC daily net inflow
  • —Coinbase Pro holds 839,953 BTC, up 1,928 BTC daily and 1,549 BTC weekly
  • —Binance holds 707,011 BTC, up 4,670 BTC daily and 37,367 BTC weekly
  • —US-session BTCUSDT volume hit $673 million versus $184 million in Asia a day earlier
Why it matters: Rising exchange balances and a shift of trading activity to US hours point to seller pressure and a change in regional bitcoin demand.
Source: TokenPost