BTC large net outflow of 347 coins, Kraken leads the decline and the rise

DAOplomacy · 2026-01-17T10:28:10+00:00

In the past 24 hours, CEXs have experienced a total net outflow of 347.51 BTC, with significant differences in fund movements across exchanges. Kraken saw the largest outflow, with 1,623.52 BTC withdrawn, while another leading exchange absorbed 573.18 BTC, indicating that market participants are reallocating assets.

DAOplomacy

2026-01-17 10:28:10

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【Blockchain Rhythm】On-chain data from the past 24 hours shows an interesting phenomenon: CEXs have a total net outflow of 347.51 BTC, but the fund movements across different exchanges vary greatly.

In terms of outflows, Kraken has the largest amount, with 1,623.52 BTC, far exceeding other platforms. Bitfinex follows closely with an outflow of 182.60 BTC. KuCoin’s outflow is relatively small, at 38.78 BTC. These data reflect that some exchange users are choosing to transfer assets elsewhere.

Interestingly, while most exchanges are experiencing outflows of BTC, a leading exchange is absorbing funds against the trend. During the same period, this exchange recorded an inflow of 573.18 BTC, ranking first among all exchanges. This divergence indicates that market participants are reallocating their holdings on top platforms, possibly reflecting adjustments in risk preferences across different exchanges.

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CryptoNomics

· 6h ago

actually, if you run a basic correlation matrix on these exchange flows, kraken's outflow is statistically insignificant relative to the broader liquidity migration patterns. the real story here? market inefficiency screaming at us through the data.

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