$26 billion in BTC and ETH outflows on CEXs so far this year
2024-08-28 09:44:05 /

  CryptoQuant data shows that CEX has experienced a large outflow of Bitcoin this year. From January 1 to August 24, 330,560 BTC (worth $20.8 billion) were withdrawn from these trading platforms. Seven months ago, CEX held a total of 3,009,239 BTC, but it has now dropped to 2,678,679 BTC. If this trend continues, the increasing scarcity of BTC could affect future market stability.

Disclaimer: This specification is preliminary and is subject to change at any time without notice.