Exchanges· ★★★· neutral·

Deribit loses $340M in reserves in a week as Binance pulls in $703M

  • —Deribit saw $340M in net reserve outflows over 7 days
  • —Bybit lost $291M, MEXC $99.6M
  • —Binance gained $703M, Bitfinex $321M
  • —Binance's BTC wallet balance dropped 2.95%
Why it matters: Reserve outflows at Deribit and Bybit may signal capital rotating toward Binance and fading confidence in some venues.
Source: ChainCatcher 链捕手