Investors show confidence in BTC, with over $220 million in net outflows from exchanges yesterday

On-chain data revealed that exchanges recorded over $220 million worth of BTC in net outflows from exchanges yesterday. The data highlighted that exchanges have experienced $424 million in the past week. 

On-chain data indicated that exchanges saw over $220 million in net outflows in the past 24 hours. Centralized exchanges also experienced $424 million worth of BTC over the past seven days. 

Increased net outflows from exchanges signal renewed investor confidence

The increased outflows from exchanges indicate a shift in investor behaviour, potentially driven by improved market sentiment and strategic reallocation of assets. On-chain data indicated that the top three exchanges contributing to the increased inflows are Binance, Bybit, and Bitflyer. 

Investors are showing confidence in $BTC, with over $220 million in net outflows from exchanges yesterday.

Over the past 7 days, to total net outflow was over $424 million pic.twitter.com/wZ6mXBFFIC

— IntoTheBlock (@intotheblock) March 25, 2025

The data also highlighted that, in the past 48 hours, centralized exchanges have experienced outflows of over 1327.66 BTC. Binance led the outflow, with over 1200 BTC leaving the exchange. Bybit recorded over 250 BTC in outflows, while 165 BTC left Bitflyer. 

Kraken, on the other hand, recorded increased inflows, suggesting investors were shifting their assets to the exchange due to the perceived security and regulatory compliance. 

Arkham intelligence identified that a Bitcoin whale wallet holding added $200 million worth of Bitcoin to its position in the past 24 hours. The blockchain analytics firm revealed that the whale withdrew the cryptocurrency from Binance in the morning. It added that the whale began acquiring the BTC five days ago after selling between $100k and $86k in February. 

Coingecko data shows that Bitcoin has traded at $81,000 in the last seven days. The price surge coincided with the whale movement, signaling improved market sentiments. On March 22, Arkham Intelligence highlighted another transaction from another BTC whale that had been dormant since 2017. 

The platform identified the whale as having moved over 3000 Bitcoins worth approximately $250 million in one transaction. The analytics platform noted that the whale held the BTC in one address for over eight years.

Arkham intelligence also revealed that Blackrock, with over $11.6 trillion in assets under management(AUM), increased its Bitcoin holdings over the last week. Bitbo’s Bitcoin treasury identified that the asset manager bought an extra 4,054 BTC over fifteen transactions, bringing its total BTC stash to 573,878 worth over $50 billion. 

Lookonchain data identified an ether whale that added 7,074 ether to its stash worth over $13.8 million. The platform revealed the whale withdrew 4511 ETH from the crypto exchange OKX and deposited it to Aave. It added that he then borrowed 5 million USDT from Aave and deposited it into OKX to buy 2563 Ethereum. 

Bitcoin ETFs record increased inflows, signaling increased investor confidence

Data from SoSoValue revealed that Bitcoin Exchange-traded funds recorded net inflows of $744.4 million last week. Five funds contributed to the net inflows, with the most funds coming from BlackRock’s iShares Bitcoin Trust(IBIT). 

Fidelity’s Wise Origin came in second with $136.5 million total inflows. The increased inflows follow a bearish period fueled by rising concerns over a potential recession and trade war. 

Historical data reveals that Bitcoin ETFs recorded their largest net inflows in 2025 in January, before Trump’s inauguration. The total inflows amounted to $1.96 billion in the week ending January 17 and $1.76 billion the following week. 

Bitcoin’s price surged to an all-time high of $109,000 on January 20. Later, it dropped to $78,000 as markets responded to Washington’s policy changes. Coingecko data revealed that Bitcoin’s price rebounded to $87,951 amid increased inflows to BTC spot ETFs and outflows on exchanges. 

SoSoValue data revealed that Ethereum ETFs extended their weekly net outflow streak. The data indicated the ETFs saw a net outflow of $102.0 million in the week ending March 21. BlackRock’s iShares Ethereum Trust ETF(ETHA) recorded outflows of $74 million. 

Singapore-based investment firm QCP Capital warned investors that the upcoming tariff, scheduled for April 2, could adversely affect risk assets.

Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot