Nearly 10,000 Bitcoins (Bitcoin) Leaving Coinbase, a major US exchange, on December 30, indicating that investor interest is returning to the field.

Data from monitoring resources on the chain Coin glass It shows that Coinbase Pro, the professional trading department of Coinbase, reduced 9,925 BTC in the 24 hours before New Year’s Eve.

Binance added 66,000 BTC in December

Buying is in contrast to the rise or flatness of balances on other major exchanges, marking a clear short-term trend shift.

In the second half of December, the characteristics of platforms such as Binance and OKEx are Increase in inflow BTC-commentators worry that this may be an early warning of a sell-off.

Although such large-scale BTC sales have Hasn’t happened yet, Not everyone believes it will Keep this state.

At the same time, a recent theory suggests that the loss of registered Chinese users of Huobi Global may trigger a reorganization of funds.

According to Coinglass data, as of Friday, Binance has risen by 840 BTC, while OKEx has inflows of 767 BTC. Huobi lost only 158 BTC, but throughout December, a huge 14,044 BTC has left its accounts, suggesting the extent of the outflow of Chinese users.

From a monthly point of view, Binance easily won in terms of inflows. Compared with the end of November, it has now increased by more than 66,000 BTC.

Nevertheless, as 2021 draws to a close, Coinbase attracts experts.

“The purchase of Coinbase today has been very uninterrupted,” popular Twitter trader Ryan Clark Summarize.

Institutional “flip” is coming

Starting from the beginning of January after the holiday, it is expected that institutions will regain the focus of attention in terms of BTC ownership.

related: As GBTC discounts remain near historical lows, the first US Bitcoin ETF will become a “dud” in 2021

In its year-end summary and 2022 forecast report, “Just encrypt,” QCP Capital, a trading company, announced the “flipping” of the investor field from retail investors to institutions.

“In 2022, the first thing we want to see is a major shift in crypto ownership from a major retail player to an institutional participant, with a much greater degree of institutional involvement,” it said.

Such an event will prevent large participants from being bothered by recent price movements, while BTC spot distribution still exists Outstanding performance Assets such as crypto stocks in 2021.