Key Notes

Coinbase saw a net inflow of 1.55 billion USDC in 24 hours.

Bitcoin broke above $91,000 as the market turned bullish.

Bitcoin and Ethereum recorded notable outflows from CEXs.

The strong USDC USDC $1.00 24h volatility: 0.0% Market cap: $75.93 B Vol. 24h: $14.16 B inflows into Coinbase, a leading centralized cryptocurrency exchange, triggered a market-wide buying spree.

According to data from CoinGlass, Coinbase saw a net inflow of 1.55 billion USDC, the second-largest stablecoin, over the past 24 hours.

On the other hand, most of the major crypto exchanges recorded USDC outflows. For instance, Binance registered a net outflow of 411.8 million USDC in the same timeframe, according to CoinGlass data.

Despite the USDC outflows, Binance still wi

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