The Top 5 Exchange #Outflows indicator, launched in Cointelegraph Markets Pro 2.0, tracks the assets being removed from an #exchange the most frequently over the last hour or 24 hours. If users are removing money from exchanges, it’s possible that they are less likely to sell.
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#outflows
The #outflows have erased the positive inflows for this year, with the net year-to-date flow #equalling negative $177 million.
The #Chainalysis data shows that hourly #outflows from CEXs to DEXs spiked to over $300 million on March 11, soon after SVB was shut down by a Californiaregulator.
Comparatively, the #outflows in 2022 reached a weekly peak #amounting to just 0.7%.
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