RE: LeoThread 2026-01-16 18-30
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Bitcoin Withdrawal Momentum Continues, with a 24-hour CEX Net Outflow of 347.51 BTC
On January 17, Coinglass data shows total net BTC outflow from centralized exchanges (CEXs) hit 347.51 BTC over the past 24 hours. Top three CEXs by BTC outflow: - Kraken: 1,623.52 BTC outflow - Bitfinex: 182.60 BTC outflow - KuCoin: 38.78 BTC outflow Additionally, Binance led inflows with 573.18 BTC.
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Outflows picking up steam—Kraken leading the charge makes sense with their institutional crowd. If this momentum holds, self-custody vibes could push BTC higher this month. Watching Binance inflows closely though