[Global Liquidity Radar] Exchange balance increases by 389 BTC… Overall liquidity in the market ‘shrinks’

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Bitcoin trading volume has generally decreased across major time zones in Asia, Europe, and the United States, while the Bitcoin balance in exchanges increased slightly over a day. With the simultaneous decrease in trading volume and inflow of balances, market participants continue to maintain a short-term wait-and-see attitude.

According to CoinGlass as of the 16th, the total Bitcoin balance of major global exchanges was approximately 2,084,419.18 BTC.

A net inflow of +389.62 BTC occurred over a day, while a net outflow of -8,399.08 BTC was recorded over the past week, and a net outflow of -80,974.82 BTC over the past month.

Coinbase Pro holds 637,848 BTC, still maintaining the largest Bitcoin balance. A net inflow of +122.97 BTC was recorded daily, but weekly -7,798.20 BTC and monthly -32,272.33 BTC show a continued long-term outflow trend.

Binance holds 547,788 BTC. Daily -577.09 BTC and weekly -5,828.97 BTC show a continuing outflow trend. In contrast, a monthly net inflow of +10,106.84 BTC was observed.

Bitfinex holds 378,388 BTC, maintaining a daily net inflow of +335.66 BTC and weekly +4,904.39 BTC. A monthly net outflow of -21,679.09 BTC was recorded.

Largest Daily Net Inflow ▲Bitfinex (+336 BTC) Bybit (+221 BTC) Gate (+180 BTC)
Largest Daily Net Outflow ▲Binance (-577 BTC) Kraken (-68 BTC) Gemini (-45 BTC)

Trading Volume by Time Zone (Binance BTCUSDT) Graph / CoinGlass

According to CoinGlass, Binance BTCUSDT trading volume on June 15th was $392.55 million in the Asian time zone, $252.57 million in the European time zone, and $296.23 million in the US time zone.

Compared to the previous day (June 14th), Asian (-18.7%) and European (-42.4%) markets saw significant volume decreases, while the US market (+64.9%) showed an increase.

Especially when compared to two days ago on the 13th, all regions - Asia (-52.9%), Europe (-84.9%), and the US (-42.4%) - showed a clear trading contraction, reflecting the overall market's wait-and-see sentiment. After a short-term rebound on the 14th, liquidity decreased again on the 15th, raising caution about price recovery.

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#GlobalLiquidityRadar#BitcoinExchangeBalance#BTCNetInflow#TradingVolumeByTimeZone#CoinGlass#BTCUSDTTradingVolume

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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