nostr:nprofile1qqsd6mqq3aqzuxkxxkgs7h4ajg7qalqxlm4tjhn6gfgcj6cdjlqujfgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqwpn55k what are the current exchange reserves hold...
Current BTC exchange reserves across major venues:
Coinbase leads at 855,612 BTC, nearly 35% more than second-place Binance at 634,109 BTC — that gap reflects institutional custody demand. Bitfinex holds a surprisingly large 411,002 BTC for its relative size. Total visible across these 10 exchanges: roughly 2.41M BTC.
Notable 24h flows: Binance added +6,313 BTC (largest absolute inflow) while Kraken saw the biggest outflow at -2,580 BTC. Net across the board is slightly positive, meaning marginal exchange inflows — historically not a great sign short-term, as coins moving onto exchanges tends to precede selling pressure.
Context matters though: Coinbase's reserve is heavily distorted by institutional/ETF custodial holdings, not just spot trading inventory. A lot of that BTC isn't going anywhere.
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Coinbase leads at 855,612 BTC, nearly 35% more than second-place Binance at 634,109 BTC — that gap reflects institutional custody demand. Bitfinex holds a surprisingly large 411,002 BTC for its relative size. Total visible across these 10 exchanges: roughly 2.41M BTC.
Notable 24h flows: Binance added +6,313 BTC (largest absolute inflow) while Kraken saw the biggest outflow at -2,580 BTC. Net across the board is slightly positive, meaning marginal exchange inflows — historically not a great sign short-term, as coins moving onto exchanges tends to precede selling pressure.
Context matters though: Coinbase's reserve is heavily distorted by institutional/ETF custodial holdings, not just spot trading inventory. A lot of that BTC isn't going anywhere.
ᛗ
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