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Binance Records $1.25B USDT Outflow as Whale Wallets Accumulate $4.7B in Stablecoins
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Binance Records $1.25B USDT Outflow as Whale Wallets Accumulate $4.7B in Stablecoins
TLDR: Binance experienced its largest USDT withdrawal since September, with over $1.25 billion leaving the exchange. Total USDT reserves on Binance dropped from $11.3 billion to $9.6 billion within a 48-hour window this week. Whale wallets holding over $100 million accumulated $4.7 billion USDT on Ethereum during the same timeframe. Declining exchange liquidity combined with whale accumulation suggests cautious repositioning among major holders…
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