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  3. BTC Exchange Netflow Reveals How the Hormuz Conflict Drained 82,197 BTC From Major Platforms
3 days ago

BTC Exchange Netflow Reveals How the Hormuz Conflict Drained 82,197 BTC From Major Platforms

BitcoinBinance OutflowbitcoinBTC Exchange NetflowCoinbase Accumulationcrypto market analysisHormuz ConflictOKX NetflowOn-chain data

TLDR: Binance, OKX, and Coinbase recorded a combined pre-conflict inflow of 27,741 BTC from Jan 2 to Feb 27. The Hormuz conflict triggered a brutal outflow of 82,197 BTC across all three exchanges within just 57 days. Binance lost 45,450 BTC in net outflows, representing 55.3% of total exchange drainage during the conflict period. Coinbase [...]

The post BTC Exchange Netflow Reveals How the Hormuz Conflict Drained 82,197 BTC From Major Platforms appeared first on Blockonomi.

Source: Blockonomi →

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