Crypto Exchange Balances Plummet by 16,000 BTC

Crypto exchange balances have seen a significant decrease in recent days.

According to Coinglass data, major cryptocurrency exchanges collectively saw a net outflow of 15,952.91 BTC over the past week.

The largest outflows were recorded on Coinbase Pro, Kraken, and OKX, with respective amounts of 6,269.08 BTC, 5,734.42 BTC, and 4,353.49 BTC.