Centralized exchanges (CEXs) dominate the crypto trading landscape despite the rising popularity of decentralized platforms. They provide key insights into market sentiment through their inflows and outflows. Recently, a startling pattern emerged: Binance saw a colossal $1.541 billion in outflows over 30 days, dwarfing all others. Could this be a sign of looming trouble for the exchange? Conversely, amidst this turbulence, towering positive inflows were noted for two specific exchanges. Find out which ones...
![Despite heavy outflows, CEXs continue to be pillars of liquidity](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2024/06/cex-inflow-outflow.jpg&w=70&h=37&q=75)
Despite heavy outflows, CEXs continue to be pillars of liquidity
The distribution of asset withdrawals across centralized exchanges reflect shifting priorities of crypto traders.
![Despite heavy outflows, CEXs continue to be pillars of liquidity](https://cryptoslate.com/wp-content/uploads/2024/06/cex-inflow-outflow-768x403.jpg)
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.