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Crypto

Bybit Surges as Bitget Sees Largest Exchange Decrease

Guavy AI Editorial Team
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BTC BNB
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Bybit's BTC wallet balances have seen significant changes over the past week, according to data from ChainCatcher. The exchange experienced a notable increase of 1.50% in its BTC holdings among the top 10 exchanges.

This growth contrasts with Bitget, which saw the largest decrease at -2.98%. Bybit's surge is all the more impressive considering it came during a week when other exchanges were experiencing net outflows.

The top three net outflows for the past seven days were Bybit (-$436 million USD), Binance (-$156 million USD), and Bitget (-$128 million USD). In contrast, Deribit (+$241 million USD), Bitfinex (+$119 million USD), and MEXC (+$102 million USD) experienced net inflows.

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