[Global liquidity radar] Exchanges shed 1,746 BTC as Asia volume rises 64%, US drops 87%

Bitcoin holdings on exchanges fell over the daily, weekly and monthly periods, with Kraken recording the largest daily net outflow. Trading volume rose during Asian hours but declined during US and European hours.

Exchange balances continued to show net withdrawals across all three periods, while trading activity diverged across regional sessions.

As of November 7, total bitcoin holdings across the tracked exchanges stood at approximately 2,583,633 BTC.

Daily net outflows totaled approximately 1,746 BTC. Net withdrawals reached 22,558 BTC over the past week and 22,483 BTC over the past month, extending the decline in exchange balances across longer periods.

Coinbase Pro held the largest balance at 872,143 BTC. It recorded daily net outflows of 1,061 BTC, alongside weekly net inflows of 950 BTC.

Binance ranked second with 666,690 BTC. Daily net withdrawals totaled 629 BTC, while weekly net outflows reached 25,210 BTC.

Bitfinex held the third-largest balance at 429,288 BTC. It recorded daily net inflows of 262 BTC but weekly net outflows of 1,109 BTC.

Largest daily net inflows: OKX (1,050 BTC), Bybit (545 BTC) and Bitfinex (262 BTC). Largest daily net outflows: Kraken (1,512 BTC), Coinbase Pro (1,061 BTC) and Binance (629 BTC).

Trading volume by session for Binance BTCUSDT.

On November 6, Binance BTCUSDT trading volume totaled approximately $670 million during Asian hours, $1.98 billion during European hours and $150 million during US hours.

Compared with November 5, when the respective sessions recorded $408 million, $5.98 billion and $1.15 billion, Asian-session volume rose approximately 64%. European-session volume fell approximately 67%, while US-session volume declined approximately 87%.

European hours accounted for the largest trading volume at $1.98 billion, followed by Asian hours and then US hours.