Bitcoin Leaves Binance at Fastest Daily Pace in Three Years
5 Articles
5 Articles
Bitcoin leaves Binance at fastest daily pace in three years
Bitcoin has seen its largest single day net outflow from Binance since 2023, with more than 13,800 BTC leaving the exchange as the cryptocurrency holds above $84,000 following its latest rally. CryptoQuant analyst Darkfrost said on Sept. 25 that withdrawals…
As the rise in Bitcoin (BTC) price continues, the remarkable fund movements on Binance have become the focus of investors. According to CryptoQuant analyst Darkfost, Binance, one of the world's largest cryptocurrency exchanges, recorded its highest single-day net Bitcoin outflow since 2023. According to the analysis shared by Darkfost, Bitcoin has gained approximately 45 percent in value since the levels it reached in July. BTC's […] Source: Bit…
Binance Records Largest Bitcoin Outflow Since 2023
The post Binance Records Largest Bitcoin Outflow Since 2023 appeared first on Coinpedia Fintech News Bitcoin’s rally has coincided with heavy BTC outflows from Binance. The exchange recorded more than 13,800 BTC in net outflows in a single day, its largest since 2023. Over four days, Binance’s BTC reserves fell from 705,000 to 685,000 BTC. Weekly netflows have averaged about -2,000 BTC. The decline in exchange-held Bitcoin may reduce available …
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