What changed
- Over the last 7 days, $449.2M more USDT left labelled exchange wallets than arrived, the largest net flow seen.
Net withdrawn from exchanges
7 days · + left exchanges
Flows by asset
Largest net flow first.
| Asset | Into exchanges | Out of exchanges | Net withdrawn | Transfers |
|---|---|---|---|---|
| USDT | $12.51B | $12.96B | +$449.2M | 4,990 |
| USDC | $5.75B | $5.99B | +$241.7M | 2,034 |
| LINK | $93.8M | $116.3M | +$22.5M | 89 |
| BNB | $1.4M | $2.8M | +$1.4M | 2 |
| AAVE | $44.8M | $45.7M | +$990K | 50 |
How this is measured
Fexr adds up on-chain transfers of $250,000 or more where one side is a wallet labelled as an exchange. Net withdrawn is what left exchanges minus what arrived. Transfers between unlabelled wallets, and native BTC and ETH, are not counted.
Source: On-chain transfers of $250K or more to and from wallets labelled as exchanges. Data as of 30 Oct 2026, 21:09 UTC.
Why it matters
Tokens leaving exchanges usually go to self-custody or to other venues; tokens arriving are available to sell. Stablecoins arriving can mean buying power moving in.
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Sources & notes
- On-chain transfers of $250K or more to and from wallets labelled as exchanges, read through the Fexr API at 30 Oct 2026, 21:09 UTC.
- Market data, not investment advice. Positions and rates change minute to minute.
- How Fexr reports · Weekly editions