2025-12-27 08:27:52

According to on-chain data monitoring, the CEXs experienced a total net inflow of 1930.43 BTC in the past 24 hours on December 26. Market enthusiasm has clearly increased.

In terms of inflows, a well-known exchange has a significant lead — a net inflow of 1206.23 BTC, accounting for over 60%, making it the main recipient. The other two top platforms follow closely, with one receiving 489.25 BTC and the other 482.70 BTC. These three exchanges together absorbed the vast majority of the new liquidity.

Interestingly, a leading exchange experienced a contrary net outflow of 748.77 BTC, ranking first in outflows. This divergence reflects an increasing gap in market participants’ platform preferences. Is the BTC flow divergence due to trading strategy adjustments or market sentiment changes? It’s worth observing.

BTC0,38%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
6
Repost
Share

Comment

0/400

AmateurDAOWatcher

· 12-27 08:54

With the head aggressively selling off against the trend, how bearish does that look? Everyone is crowding into one exchange; isn't it prone to problems? The divergence is becoming more and more obvious, indicating that some people know something. At this pace, it feels like big players are orchestrating something. With so much outflow, it's either a panic sell-off or some other plan. Over a thousand BTC coming in—either to pump the market or because someone knows something.

View OriginalReply0

GhostWalletSleuth

· 12-27 08:52

A large influx into that exchange, is someone trying to dump the market? This wave of divergence is indeed interesting; it depends on what happens next. Is the outflow from that exchange moving to a cold wallet? It feels like a change is coming; we need to pay attention. This gamble is a signal that the whales are entering the market.

View OriginalReply0

SatoshiHeir

· 12-27 08:52

It should be pointed out that this data exhibits a clear narrative bias when arguing market enthusiasm. The net inflow of 1930 BTC is indeed significant, but when compared to the daily average inflow during the 2013 cycle, we find that this is merely a false prosperity. What is truly worth investigating is the reverse outflow of 748.77 BTC — this is the real signal at the fundamental technical level. The value consensus advocated in Satoshi Nakamoto's white paper is essentially the free choice of liquidity. The fact that major platforms absorb 60% is even more alarming, undoubtedly hiding a new round of power centralization behind it. An interesting paradox here: we promote decentralization, yet on-chain data silently tells a story of accelerating centralization.

View OriginalReply0

MultiSigFailMaster

· 12-27 08:49

It's that exchange again, bleeding us dry. I knew it would turn out like this. --- 748 BTC has run away. Is someone dumping? --- This divergence feels like choosing sides. --- The leading exchanges are hoarding, others can only sip the soup. --- What is that exchange doing with the outflow? Signal to withdraw? --- 1930 BTC net inflow. Is someone trying to buy the dip? --- Such a clear divergence, the market isn't unified yet. --- That outflow against the trend is probably trying to crash the market, haha. --- Based on intelligence, someone is definitely transferring their chips. --- Three-way dominance—that's the real vampire game.

View OriginalReply0

StableCoinKaren

· 12-27 08:49

Is that exchange still issuing BTC? Are they trying to manipulate the market?

View OriginalReply0