What is CEX: Market trends indicated by large-scale asset outflows over the past week

DYORMaster · 2026-02-16T19:13:11+00:00

Centralized exchanges (CEX) are experiencing significant outflows of cryptocurrency, impacting the market. Recent data shows that 6,317.8 BTC were moved from exchanges in a week, with major players like OKX, Kraken, and Bitfinex accounting for most outflows. Ethereum also saw high outflows, particularly from Binance. These trends indicate rising investor concern for security and suggest shifts in market confidence.

DYORMaster

2026-02-16 19:13:11

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CEX refers to Centralized Exchanges, which are key platforms where cryptocurrency trading is concentrated. Recently, a large amount of digital assets has been flowing out from these CEXs, significantly impacting the market. According to data analysis by Coinglass, a total of 6,317.8 BTC has been moved out of exchanges over the past seven days.

Large Asset Movements from Centralized Exchanges (CEX)

Asset outflows from CEXs occur when users transfer assets from exchanges to their personal wallets. The scale of these outflows over the past week strongly reflects market participants’ sentiment and market trends. When examining which exchanges are experiencing concentrated outflows and the volume involved, it becomes clear that major CEXs play a significant role.

Bitcoin Outflow Trends: Focus on OKX, Kraken, and Bitfinex

In the past seven days, substantial Bitcoin outflows have been confirmed from several major exchanges. Specifically, 1,858.91 BTC have moved out of OKX, 1,716.22 BTC from Kraken, and 1,711.85 BTC from Bitfinex. These three exchanges account for approximately 83% of the total outflow. These figures suggest that these exchanges hold considerable influence in the market.

ETH Outflow Details: Binance as the Largest Source

Alongside Bitcoin, Ethereum (ETH) has also seen large movements out of exchanges. During the same period, a total of 59,600 ETH have been transferred out of CEXs. Among these, Binance experienced an overwhelming outflow of 88,500 ETH, which is about 149% of the total ETH outflow. Additionally, Bithumb saw 32,800 ETH and OKX 29,700 ETH moved out, indicating consistent outflow trends among major CEXs.

Implications of Asset Outflows from CEXs

Large-scale asset outflows from CEXs signal several market indicators. Firstly, they suggest that investors are increasingly transferring their assets from exchanges to personally managed wallets, reflecting heightened security concerns and responses to market volatility. Furthermore, concentrated outflows from specific exchanges can also indicate shifts in market trust and strategic behavior among participants. Tracking these asset movement patterns from CEXs will be an important indicator for predicting future market trends.

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