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Data: There has been approximately 5,000 BTC in capital outflows from Binance's spot market since last Thursday.

2024.01.16 - 08:16

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TechFlow news, according to CoinDesk citing data from Kaiko, selling pressure in the market has been primarily concentrated on cryptocurrency exchanges Binance, OKX, and Upbit.

Data tracked by Kaiko shows that Binance's spot market turned positive last Thursday and has been declining since, equivalent to nearly 5,000 BTC in capital outflows. South Korea's Upbit recorded the second-largest net capital outflow.

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