✅ Overview:
CEX Transparency data, which provides information on total assets and 24-hour inflows of cryptocurrency exchanges, shows that total 24-hour inflows reached $2.817 billion.
📊 Detailed Analysis:
🔵 Binance:
🔹 Total Assets: 99.913 billion USD
🔹 Cash Inflow (24h): 2.208 billion USD
🔵 OKX:
🔹 Total Assets: 17.505 billion USD
🔹 Cash Inflow (24h): 3.069 billion USD
🔵 Bitfinex:
🔹 Total Assets: 16.655 billion USD
🔹 Cash Inflow (24h): 133.07 million USD
🔵 Robinhood:
🔹 Total Assets: 12,101 billion USD
🔹 Cash Inflow (24h): -40.96 million USD
🔵 Bybit:
🔹 Total Assets: 8.496 billion USD
🔹 Cash Inflow (24h): 373.77 million USD
📊 General Comments:
🔺 Market psychology:
🔹 The increase in cash flow into cryptocurrency exchanges shows that investors have strong confidence in the cryptocurrency market. This comes from the fact that macroeconomic data has some positive changes, along with the cryptocurrency fear and greed index at 17 (Extreme fear) is an opportunity to catch the bottom for the market, especially funds and shark investors.
🔺 Positive Indicators For The Market:
🔹 Large inflows at top exchanges like Binance, OKX, and Bybit not only show confidence from investors but are also a positive indicator for the crypto market in general. When inflows increase, this usually indicates an increase in trading activity, while also reinforcing the growth and expansion of the market.
🔺 Liquidity situation:
🔹 Binance and OKX maintain superiority in assets and liquidity, solidifying their leading positions in the industry.
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