CryptoCointelegraphabout 2 hours ago
Binance BTC Outflows Hit Highest Since Mid-2023
2 min read
Binance Bitcoin reserves fell by nearly 40,000 coins since Sept. 20 as whales deposited stablecoins. Net outflows passed 23,137 BTC in the fourth week of September, marking the largest drop since June 2023. Whale entities increased stablecoin inflows by 40% from $21.7 billion to $30.5 billion between Aug. 15 and the end of September, signaling potential accumulation.
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