[Global liquidity radar] Weekly exchange outflows reach 16,787 BTC; US volume rises 237%

Bitcoin balances on major exchanges were unchanged on the day but fell over the week and month. Trading volume declined during Asian hours and rose during US and European hours, with Europe recording the highest volume.

The exchange balance data showed no daily net movement, while weekly and monthly flows remained negative. Session data showed trading activity concentrated in European hours, followed by US and Asian hours.

As of November 6, major exchanges held approximately 2,585,379 BTC in total.

Daily net flows were zero. Exchanges recorded net outflows of approximately 16,787 BTC over the past week and 17,180 BTC over the past month.

Coinbase Pro held the largest balance at approximately 873,205 BTC. Its daily net flow was zero, while weekly net outflows totaled approximately 503 BTC.

Binance ranked second with approximately 667,319 BTC. Daily net flows were zero, while approximately 24,576 BTC left the exchange on a net basis over the week.

Bitfinex ranked third with approximately 429,026 BTC. Its daily net flow was zero, while weekly net inflows totaled approximately 16 BTC.

Largest daily net inflows No exchanges recorded positive daily net flows. Largest daily net outflows No exchanges recorded negative daily net flows.

Binance BTCUSDT trading volume on November 5 totaled $408.01 million during Asian hours, $5.98 billion during European hours and $1.15 billion during US hours.

Compared with November 4, when the respective totals were $603.33 million, $3.91 billion and $340.87 million, Asian-session volume fell approximately 32%. European-session volume rose approximately 53%, while US-session volume increased approximately 237%.

European hours led trading activity with $5.98 billion in volume, followed by US hours and Asian hours.