According to @52kskew, moving funds across centralized exchanges revealed worsening UX as withdrawals of any size on Bybit triggered extra steps like facial scans despite long-standing KYC, resulting in multi-hour delays, source: @52kskew on X on Nov 25, 2025. The author states this experience has made him more bullish on DEXs and on-chain consumer-focused apps due to smoother access and self-custody, source: @52kskew on X on Nov 25, 2025. For active traders, the post highlights that CEX withdrawal frictions can impair timely fund mobility and execution timing, prompting consideration of DEX routing for faster settlement, source: @52kskew on X on Nov 25, 2025.

According to the source, centralized exchanges recorded significant net asset outflows over the past seven days, with Binance posting the largest at $21.75 billion, according to CoinGlass. Binance ranked first for seven-day outflows among centralized venues during this period, based on CoinGlass exchange flow data.