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$26 billion in BTC and ETH outflows on CEXs so far this year

2024-08-2812460 Views

 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 From January 1 to August 24, 330,560 BTC (worth $20.8 billion) were withdrawn from these trading platforms.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.

$26 billion in BTC and ETH outflows on CEXs so far this year

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