According to Coinglass data, centralized exchanges recorded a cumulative net outflow of 1,609.79 BTC over the past 24 hours. The largest individual exchange withdrawals included Binance with an outflow of 1,788.87 BTC, Kraken at 1,453.86 BTC, and Gemini at 363.27 BTC. Offsetting these movements, Coinbase Pro reported the largest inflow of 2,454.15 BTC, placing it atop the inflow ledger for the period.
These measured exchange flows suggest active balance adjustments among custodial providers and traders, with implications for liquidity and order book depth on major venues. Market participants and institutional desks monitoring Bitcoin reserve changes should consider these flow dynamics when assessing short-term execution risk and operational funding requirements across centralized exchanges.
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