Amidst a continued net inflow of Bitcoin into exchanges, a short-term increase in exchange holdings was observed.
According to CoinGlass, as of 11:09 AM on the 20th, the total Bitcoin holdings on major exchanges were tallied at approximately 2,460,413 BTC.
There was a net inflow of approximately 4,642 BTC over the course of a day, and a net inflow of 3,552 BTC over the past week. On the other hand, a net outflow of 4,955 BTC was recorded over the past month, indicating that the downward trend continues in the medium term.
Coinbase Pro held 852,590 BTC, recording the largest balance among major exchanges. There was a net outflow of 37.54 BTC on a daily basis, and a net outflow of 1,026.10 BTC was recorded on a weekly basis.
Binance holds 620,989 BTC. It recorded a net inflow of 2,399.94 BTC on a daily basis and a net inflow of 3,864.62 BTC on a weekly basis.
Bitfinex holds 402,955 BTC, recording a daily net inflow of 741.30 BTC and a weekly net outflow of 579.14 BTC.
Maximum daily net inflows ▲Binance (2,400 BTC) ▲Bitfinex (741 BTC) ▲OKX (609 BTC)
Largest daily net outflows ▲Kraken (–530 BTC) ▲KuCoin (–63 BTC) ▲Coinbase Pro (–38 BTC)
Binance BTCUSDT trading volume was recorded at $310.36 million in the Asia time zone, $538.09 million in the Europe time zone, and $118.78 million in the US time zone.
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View full Alpha Report →Compared to the previous day ($342.25 million in Asia, $1.19 billion in Europe, and $178.88 million in the U.S.), trading volume in the European time zone decreased by approximately 55%. Trading volume in the U.S. time zone fell by about 34%, and the Asian time zone also showed a decrease of about 9%.
Looking at regional trends, trading volume slowed generally across all timeframes, with the European session showing the largest decline. Although trading volume in the European session remained at the highest level, it fell by more than half compared to the previous day, indicating a weakening of short-term buying sentiment.
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