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24-hour CEX inflow of 125 BTC, KuCoin leads the inflow rankings
The flow of BTC among major exchanges on December 1st is quite interesting.
In the past day, centralized exchanges have absorbed a total of 124.92 BTC. Looking at the inflow rankings: KuCoin took the first place with a net inflow of 110.83 BTC; bitFlyer closely followed with an income of 102.76 BTC; Bithumb also gained 58.26 BTC.
However, where there is an influx, there is an outflux. A certain exchange executed a reverse operation, with a net outflow of 142.71 BTC in a single day, directly topping the outflow list.
Behind this capital migration, it may be that users are seeking better trading depth across different platforms, or it could be institutions adjusting their positions. In the short term, such data fluctuations are quite normal, but continuously tracking these flow changes can indeed capture some subtle signals of market sentiment.