Bitfinex Leads Major Bitcoin Outflows as Weekly Total Hits 47,000 BTC
Bitcoin exchange outflows spiked significantly this week, totaling 47,700 BTC, led by a major 32,000 BTC movement from Bitfinex.Summary
Bitcoin exchange withdrawals reached a high point this week, with total outflows hitting approximately 47,700 BTC, one of the highest weekly figures in the past year, according to analysis by Axel Adler Jr. of CryptoQuant. A particularly "anomalous" single-day event on Wednesday saw nearly 32,000 BTC leave exchanges, with Bitfinex accounting for the largest portion of this movement, marking its biggest daily outflow since June 2025. This massive outflow, coupled with stablecoin inflows to exchanges, suggests a potential large spot purchase and accumulation rather than immediate selling pressure. Sustained negative netflows over the next few days would confirm this bullish interpretation of reduced selling pressure in the spot market.
(Source：Cointelegraph)