Binance continues to lead in terms of transaction volume in 2024, showing high user activity during both price increases and decreases. This indicates active trader participation in the market.

Coinbase Advanced shows lower inflows but significant outflows during price rallies. This indicates interest in long-term holding among large players. Monitoring the activity of “whales” on Coinbase can provide valuable insights.

OKX shows a reaction to market volatility with large inflows during rallies and sudden outflows during corrections, reflecting the activity of speculators.

KuCoin remains relatively inactive in Bitcoin flows, indicating interest in altcoins.