BlockBeats News, March 29th, according to Coinglass data, in the past 7 days, CEX has seen a total net outflow of 40,167.27 BTC, with the top three outflow volumes from CEX as follows:
Bitfinex outflowed 19,599.97 BTC;
Binance outflowed 10,813.43 BTC;
Coinbase Pro outflowed 8,808.65 BTC.
BlockBeats Note: Bitcoin outflowing from an exchange usually indicates that investors are inclined to hold long term, reducing selling pressure, which may reflect increased market confidence and is often considered a bullish signal.
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