56,164.88 Bitcoins Left CEX Exchanges Last Week! What Happened?

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Bitcoin Movement Data from CEX Platforms

According to the latest data, approximately 56,164.88 Bitcoin were withdrawn from CEX trading platforms during the past week. This is notable as this cryptocurrency flow demonstrates volatility in the global trading environment.

Exodus from Binance

Specifically, Binance witnessed the strongest Bitcoin outflow with 38,799.7 Bitcoin. This large asset withdrawal may reflect changes in investment strategy or concerns about the trading environment there.

Flow from Coinbase Pro

Additionally, Coinbase Pro recorded 8,564.21 Bitcoin withdrawn from the platform. Although this number is smaller compared to Binance, it still represents a significant movement in the cryptocurrency market.

Important Note

The above information is solely intended to provide market data. It does not constitute investment advice. Traders and investors should carefully consider before making financial decisions in the context of Bitcoin flows with significant variations.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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