[Global Liquidity Radar] Exchange Balance 2.07 Million BTC… Asian and American Trading Shrinks

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Global exchange Bitcoin balance slightly decreased on a daily basis, with a clear net inflow on Coinbase. In the European trading time zone, a signal of liquidity recovery was detected due to a surge in trading volume.

As of the 18th, according to CoinGlass, the total Bitcoin balance of major global exchanges was approximately 2,077,605.38 BTC.

Over the past day, a net outflow of –262.12 BTC was recorded, with a net outflow of –13,667.76 BTC over the past week and –89,335.48 BTC over the past month.

Coinbase Pro holds 638,882 BTC, still maintaining the largest Bitcoin holdings. A net inflow of +1,313 BTC was observed on a daily basis, though outflow trends continue on a weekly and monthly basis.

Binance holds 539,764 BTC. The outflow expanded to –1,944 BTC on a daily basis. Bitfinex holds 378,956 BTC, with a net inflow of +360 BTC on a daily basis.

Largest Daily Net Inflow ▲Coinbase Pro (+1,313 BTC) ▲Gate (+709 BTC) ▲Bitfinex (+360 BTC)
Largest Daily Net Outflow ▲Binance (–1,944 BTC) ▲Bybit (–486 BTC) ▲Kraken (–450 BTC)

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

According to CoinGlass, the Binance BTCUSDT trading volume on June 17th was $535.22 million in the Asian time zone, $2.42 billion in the European time zone, and $330.51 million in the US time zone.

Compared to the previous day (June 16th), the Asian (–53.9%) and US (–77.0%) markets saw significant trading volume decreases, while the European market (+275.1%) showed a notable increase.

Particularly in the European market, a two-day consecutive trading increase signaled liquidity recovery, while the Asian and US markets showed a strengthened wait-and-see sentiment due to sharp trading reductions. The potential change in trading dominance is drawing attention alongside the recent trend of reduced price volatility.

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#GlobalLiquidityRadar#BitcoinExchangeBalance#CoinbaseNetInflow#BinanceNetOutflow#BTCEuropeanTrading#BTCMarketLiquidity

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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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