Is Wrapped Bitcoin Flashing a Bullish Signal? Exchange Outflows Hit Six-Week High
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326 Wrapped Bitcoin (WBTC) were withdrawn from exchanges in a single day, the largest net exchange outflow since early June according to Santiment. The withdrawals reduce WBTC available on CEXs and could tighten sell-side liquidity, potentially impacting token performance and DeFi/DEX liquidity dynamics in the crypto market.
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326 Wrapped Bitcoin (WBTC) tokens on Ethereum were withdrawn from exchanges in a single day. According to fresh data shared by Santiment, this is the largest net exchange outflow since early June.
This transfer of coins has reduced the amount of WBTC immediately available on trading platforms.
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Coins
$ 64.57K
+3.34%
$ 1.87K
+5.24%
$ 64.55K
+3.33%
$ 64.54K
+3.27%Funds
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In This News
Coins
$ 64.57K
+3.34%$ 1.87K
+5.24%$ 64.55K
+3.33%$ 64.54K
+3.27%Funds
Predictions Markets
See what traders are focused on
Share:
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