Crypto Exchanges See $214.4 Million in Inflows Led by 1,000 Bitcoin Coinbase Deposit

Major centralized exchanges recorded $214.4 million in cryptocurrency inflows across four transactions within a three-hour window on October 22, with zero outbound transfers. Coinbase received deposits of 1,000 BTC worth $81.7 million and 623 BTC worth $50.9 million, while Bitfinex took in 663 BTC valued at $54.3 million, and Crypto.com received 479.7 million CRO worth $27.4 million. The sudden influx of over $186 million in BTC follows large whale movements on October 21, when four transfers moved $446.5 million in BTC and ETH, including $156.3 million deposited to exchanges.