TREE NEWS reports: Centralized exchanges recorded a net outflow of 31,782 BTC over the past seven days. Binance accounted for 19,500.28 BTC of the withdrawals, followed by Coinbase Pro with 6,700.6 BTC, Kraken with 2,816.41 BTC and Bitfinex with 2,139.59 BTC.
CEX Platforms Saw 31,782 BTC Net Outflow Over Past 7 Days
The concentration matters more than the total: Binance alone accounts for roughly six of every ten coins withdrawn, so this reads as a venue-specific shift rather than a uniform exchange-wide trend. Sustained net outflows are typically read as coins moving toward self-custody or other venues, though the data here cannot distinguish custody migration from internal wallet reshuffling. The open question is whether the Binance skew persists in the coming weeks or reverses, and whether the smaller venues follow the same direction.
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