15,200 ETH Net Outflow in 24h — Binance Withdraws 26,300 ETH, Kraken Sees 13,300 ETH Inflow
Coinglass data reported by COINOTAG shows a 24-hour net outflow of 15,200 ETH from centralized exchanges (CEXs). Binance led withdrawals with about 26,300 ETH moved off the platform, followed by Bybit (≈2,616 ETH) and Gate (≈1,335 ETH). Kraken recorded the largest inflow at roughly 13,300 ETH, suggesting selective liquidity redistribution between exchanges. Earlier seven-day figures had shown a larger weekly inflow reversal, indicating volatility in exchange balances over different timeframes. Traders withdrawing ETH to self-custody or cold storage could tighten short-term on-exchange liquidity and reduce immediate sell pressure, potentially increasing short-term price sensitivity. Key stats: 24h net outflow 15,200 ETH; Binance −26,300 ETH; Kraken +13,300 ETH; Bybit −2,616.43 ETH; Gate −1,334.72 ETH. Primary keyword: ETH exchange outflows. Secondary keywords: Binance ETH outflow, Kraken ETH inflow, exchange liquidity. This snapshot is relevant for traders monitoring order-book depth, on-exchange liquidity and potential short-term price moves.
Neutral
Net flows show meaningful movement of ETH between exchanges but present a mixed picture: large withdrawals from Binance and other CEXs point to reduced on-exchange supply, which can be bullish by lowering available sell-side liquidity. Offsetting this, Kraken’s sizable inflow concentrates liquidity on a major exchange, which can preserve or even amplify sell pressure there. The 24-hour net outflow (15,200 ETH) is notable but not extreme relative to total circulating supply, suggesting limited immediate price shock. Short-term impact: increased price sensitivity and potential for higher volatility due to thinner order books on some platforms. Long-term impact: transitory unless sustained outflows continue; persistent shifts to self-custody could be bullish as on-exchange supply tightens, but short-term redistribution across large exchanges can mute upward price movement. Traders should watch exchange balances, order-book depth, and large deposit/withdrawal trends for confirmation.