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Global liquidity radar: Exchanges lose 1,860.51 BTC as US volume jumps 357%

Major exchanges recorded a daily net outflow of 1,860.51 BTC but a weekly net inflow of 7,348.21 BTC. US-session BTCUSDT volume rose about 357% from the previous day.

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Bitcoin exchange balances and Binance BTCUSDT trading volume by global session · Data: Coinglass · TokenPost
Bitcoin exchange balances and Binance BTCUSDT trading volume by global session · Data: Coinglass · TokenPost

Bitcoin balances across major exchanges recorded a daily net outflow but remained positive on a weekly basis. US-session trading volume was the highest.

Exchange balances shifted to a daily net outflow while retaining a weekly net inflow. Trading volume increased from the previous day across all three sessions, led by US hours.

As of October 19, major exchanges held a combined 2.45 million BTC.

Net outflows totaled 1,860.51 BTC over the past day, while net inflows reached 7,348.21 BTC over the past week. The 30-day period recorded net outflows of 33,358.25 BTC, indicating a continued medium-term decline in exchange balances.

Coinbase Pro held 837,971.85 BTC, the largest balance among major exchanges. It recorded net outflows of 229.2 BTC for the day and 1,601.08 BTC for the week.

Binance ranked second with 662,576.82 BTC. The exchange posted a daily net outflow of 1,006.27 BTC, while its seven-day balance increased by 5,450.21 BTC.

Bitfinex held 427,748.24 BTC, the third-largest balance. It recorded a daily net inflow of 65.68 BTC and a weekly net outflow of 179.44 BTC.

Global liquidity radar: Exchanges lose 1,860.51 BTC as US volume jumps 357%

Largest daily inflows ▲Bybit (186.5 BTC) ▲Bitfinex (65.68 BTC) ▲Bitstamp (16.56 BTC) Largest daily outflows ▲Binance (–1,006.27 BTC) ▲Kraken (–800.37 BTC) ▲Coinbase Pro (–229.2 BTC)

Binance BTCUSDT trading volume by session

Binance BTCUSDT volume totaled $183.08 million during Asian hours, $369.42 million during European hours and $562.11 million during US hours on October 18.

Compared with October 17, when volume stood at $174.47 million in Asia, $209.16 million in Europe and $123.1 million in the US, Asian-session volume rose about 5%. European volume increased about 77%, while US-session volume climbed about 357%.

US hours led regional activity with $562.11 million in volume, followed by the European and Asian sessions.

This article is based on market data and analysis and does not constitute investment advice.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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