Centralized cryptocurrency exchanges recorded a combined net outflow of 14,978.95 Bitcoin (BTC) over seven days. Binance led the withdrawals, while the exchange-flow dataset also showed Bitcoin leaving Coinbase-linked wallets.
In contrast, Bitfinex and Kraken recorded net inflows during the same period. At a reference price of USD 80,000 per BTC, the overall net outflow would equal nearly USD 1.2 billion.
Binance Leads Weekly Bitcoin Exchange Outflows
Binance recorded a net outflow of 16,455.52 BTC during the seven days. Its withdrawal balance was larger than the combined net outflow across all exchanges covered by the figures. Inflows at other trading platforms reduced the overall amount of Bitcoin leaving centralized exchanges.
Net outflow measures the difference between Bitcoin entering and leaving wallets tracked for an exchange. It does not mean that every coin leaving the platform was sold or moved into long-term storage. Transfers may also involve custody services, personal wallets, or other exchanges.
The Binance reading reflects movements over the reported week. It does not identify individual account holders or explain why Bitcoin was transferred. Such details cannot be established from exchange net-flow totals alone.
Coinbase Records Outflows as Bitfinex and Kraken Gain BTC
The dataset listed Coinbase Pro with net outflows of 4,034.39 BTC. Coinbase retired Coinbase Pro as a separate trading service and moved users to Advanced Trade in 2023. The older name in the dataset should therefore be treated as a reporting label, rather than evidence that the former service remains active.
In contrast, Bitfinex recorded net inflows of 3,655.46 BTC. Kraken also posted a positive balance, receiving a net 1,253.88 BTC during the week. Together, the two exchanges added 4,909.34 BTC on a net basis.
The opposing movements explain why the combined exchange total was smaller than Binance's individual outflow. Bitcoin moved away from some trading platforms while balances increased at others.
How Bitcoin Net Flows are Calculated
Exchange-flow data compares deposits with withdrawals over a fixed period. An exchange has a net inflow when incoming Bitcoin exceeds outgoing transfers. A net outflow occurs when outgoing transfers exceed incoming Bitcoin.
The weekly figure of 14,978.95 BTC refers to that difference across the covered exchanges. It is not the total amount withdrawn during the week. The calculation accounts for Bitcoin arriving at exchanges as well as Bitcoin leaving them.
Transfers between wallets do not necessarily represent purchases or sales. For example, customers may move Bitcoin into private wallets or transfer funds between trading platforms. Net-flow figures show the direction of tracked transfers but do not confirm the purpose behind each transaction.
Weekly Figures Show Different Exchange Balance Changes
Binance and the Coinbase Pro entry recorded combined net withdrawals of 20,489.91 BTC. Meanwhile, Bitfinex and Kraken posted combined net deposits of 4,909.34 BTC. Other exchanges included in the dataset account for the remaining difference needed to reach the overall net outflow.
The reported exchange figures cover one seven-day window. Changes in wallet balances during that period cannot establish whether market participants were preparing to trade, moving assets for storage, or reorganizing holdings across platforms.
Further exchange-flow data would be needed to determine whether Bitcoin continued to leave centralized exchanges after the weekly reporting period. The available figures establish a net decrease of nearly 15,000 BTC across the tracked platforms.
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