Markets· ★★★· neutral·

Exchanges receive 1,129 BTC in a day as Asian trading volume rises 117%

  • Daily net BTC inflow to exchanges was 1,129 BTC, weekly inflow 11,460 BTC
  • Monthly outflow from exchanges totaled 8,382 BTC
  • Coinbase Pro holds 845,715 BTC, Binance holds 690,411 BTC
  • BTCUSDT volume was $1.35 billion in Europe, $574.6 million in Asia and $240.4 million in the US
Why it matters: Rising trading activity and coins flowing onto exchanges could increase seller pressure on bitcoin in the short term.
Source: TokenPost