Exchange netflow turned positive for the first time since Sept. 21. The 30-day simple moving average was −3,950 BTC on Oct. 18.
The same reading found smaller sell-side imbalances on Binance spot, OKX perpetuals and Hyperliquid perpetuals.
Zcash funds accounted for about 80% of the combined total. ZCSH and BHYP were the only funds in their respective categories to record daily inflows.
Steve Gregory said Binance.US and Binance are separate entities and do not share asset custody arrangements.
Bitwise’s team will continue monitoring the situation, while spot and lending markets may face short-term volatility.
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