$3.3B in Bitcoin Leaves Binance in 15 Days as Outflows Hit 3-Year High
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10 Articles
More than 40,000 BTC left Binance in 15 days, but ETF exits and high leverage draw a less conclusive picture for the price.
The bitcoin reservation in Binance fell from 704,800 to 663,100 BTC since September 20, with the largest daily departure in three years. We verified it with Binance’s booking test. Binance’s entry loses 41,700 BTC in 16 days: what the on-chain data say was first published in Cryptoreport.
🚨 14,300 BTC were withdrawn from Binance in a single day, marking the strongest outflow in the last three years. 📉 Total net outflows reached 23,100 BTC last week, estimated at approximately $1.4 billion. 💼 Between September 20 and October 5, approximately 40,000 BTC were withdrawn from Binance's reserves, with demand for $BTC becoming prominent during this period. 📊 Binance's Bitcoin reserves decreased from 704,800 BTC to 663,100 BTC. Read …
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