Data shows Bitcoin saw the largest monthly outflow from exchanges in history this June as 151k BTC flew off centralized wallets.
Bitcoin Netflow Shows 151k BTC Exited Exchanges In June
As per the latest weekly report from Glassnode, BTC observed in June the largest ever monthly outflow from exchanges.
The “exchange net position change” is an indicator that measures the net amount of Bitcoin entering or exiting wallets of all centralized exchanges.
The metric’s value is simply calculated by subtracting the total outflows from the total inflows. So, when the value of the indicator is positive, it means there are more inflows right now.