Bitget Ranks Second With $768M in Weekly Inflows
Bitget recorded $52.02 million in net inflows over 24 hours, ranking second among centralised crypto exchanges, with Binance in first place, according to DeFiLlama. A later report put Bitget’s net inflows at $768 million over seven days, also ranking it second among centralised exchanges. The weekly figure signals substantial funds flowing to Bitget, but DeFiLlama data does not identify the assets involved or show whether deposits indicate buying or selling. The inflows alone therefore do not confirm a bullish price outlook for Bitget or the broader market.
Neutral
The reports show notable net inflows to Bitget: $52.02 million over 24 hours and $768 million over seven days, with the exchange ranked second in both reported periods. Such flows can reflect rising deposits, greater exchange activity or traders positioning ahead of market moves, and may support positive sentiment around Bitget in the short term. However, the data does not identify the assets involved or establish whether users are buying, selling, or simply transferring funds. Net inflows alone therefore do not provide a reliable signal for Bitget’s associated token, BGB, or indicate a direct change in its price outlook. Over the longer term, sustained inflows could suggest growing platform use, but confirmation would require additional evidence such as trading volumes, asset-specific flows and token demand. The likely price impact on Bitget itself is thus uncertain, making a neutral classification appropriate.