Crypto Exchanges Shed 8,166 BTC as European Trading Volume Surges to $1.02 Billion

Major cryptocurrency exchanges recorded net outflows of roughly 8,166 BTC over 24 hours, pulling total tracked reserves down to approximately 2,490,619 BTC as of October 27. Binance drove withdrawals with an 8,013 BTC outflow, while Coinbase Pro shed 1,095 BTC. This reversed an earlier daily inflow of 1,687 BTC on October 26, though weekly and monthly net flows stayed positive at 36,238 BTC and 33,483 BTC, respectively. Meanwhile, trading activity shifted heavily, with European volume jumping 289% to $1.02 billion on October 26, while US session volume plunged 66% to $251.21 million.