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250,000 ETH left exchanges in 24 hours, with 210,000 ETH withdrawn from a single compliant platform in one day
[BlockBeats] In the past 24 hours, there has been a significant wave of ETH withdrawals from centralized exchanges.
According to Coinglass monitoring, the total net outflow from major platforms exceeded 250,000 ETH. In this wave of transfers, one compliant platform alone withdrew 216,500 ETH, accounting for the majority; another leading exchange saw nearly 100,000 ETH flow out; and another established platform, Gemini, took out nearly 900 ETH.
Interestingly, OKX bucked the trend by absorbing more than 20,000 ETH, becoming the “king of inflows” in this round of capital movement.
On-chain migrations of this scale usually indicate that large holders are adjusting their strategies—possibly moving to self-custody cold wallets, or preparing for on-chain interactions. In any case, a collective outflow of over 250,000 ETH is a signal worth paying attention to.