In the past 24 hours, 19,487 BTC have flowed out of CEX, with a total value of approximately 1.87 billion US dollars

CryptoQuant data shows that there were two major fund outflows from CEX in the past 24 hours, each exceeding 8,000 BTC. A total of 19,487 BTC was withdrawn with an average cost of $96,043. The total value of these two transactions is approximately $1.87 billion. Analysts said: "Such large-scale transactions highlight the strong and sustained interest of institutional investors in Bitcoin. Since the approval of spot Bitcoin ETFs, institutional demand has significantly increased. With retail investors' interest likely to join this trend soon, Bitcoin seems poised to break through $100,000 in the near future."