on-chain movement
Binance Records Largest Bitcoin Outflow Since 2023
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Binance saw more than 13,800 BTC leave the exchange in a single day, the largest daily net outflow since 2023. Over four days, its BTC reserves declined from 705,000 to 685,000 BTC, while weekly netflows averaged about -2,000 BTC. Bitcoin was above $84,000 at the time of the latest rally.
Key claims & sources
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Binance recorded more than 13,800 BTC in net outflows in a single day, its largest daily outflow since 2023.
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Over four days, Binance’s BTC reserves fell from 705,000 to 685,000 BTC.
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Bitcoin saw more than 13,800 BTC leave Binance in one day while the cryptocurrency held above $84,000.
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The withdrawal pace from Binance was described as the fastest daily outflow in three years.
Market reaction i
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2 h before
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4 h after
$84,200price at publication
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first
Sep 25 06:05
+48 min
crypto.news
echo
Sep 25 06:54
No new facts: cryptocurrency, cryptoquant, withdrawals; with quotes