Significant BTC Outflow from CEX: Bithumb Leads with 2792.60 BTC

By: bitcoin ethereum news|2025/05/10 19:30:08

According to recent data from Coinglass, the cryptocurrency landscape has experienced significant shifts as of May 10th. In a 24-hour period, there was a substantial **net outflow of BTC** from centralized exchanges (CEX), totaling **6198.60 BTC**. Notably, Bithumb led the outflow with **2792.60 BTC**, while Bitfinex and Kraken followed with **2221.76 BTC** and **1331.13 BTC**, respectively. These figures indicate a growing trend of investors moving their assets away from centralized platforms, potentially seeking greater control over their holdings. Conversely, Binance recorded an **inflow of 421.73 BTC**, positioning it at the forefront of exchange inflows. This contrast highlights the dynamic nature of market activities and investor sentiment surrounding centralized and decentralized exchanges. As the crypto ecosystem evolves, these movements serve as crucial indicators for stakeholders looking to navigate the complexities of **digital asset management**. Source: https://en.coinotag.com/breakingnews/significant-btc-outflow-from-cex-bithumb-leads-with-2792-60-btc/

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