❤️ Biggest Bitcoin outflow from Binance since 2023
The Binance platform recorded the largest daily net outflow of Bitcoin since 2023, with more than 13,800 leaving the platform, according to CryptoQuant.$BTC from the platform, according to CryptoQuant.
🔹 Binance controls around 30% of the total Bitcoin held on platforms available to investors.
🔹 Its reserves fell by 20,000 BTC in just 4 days, from 705,000 to 685,000$BTC .
📌 Withdrawal flows indicate that more investors are moving Bitcoin to self-custody wallets. This pattern is typically associated with long-term holding and reduced potential selling pressure.
These moves may also suggest that investors who were waiting for lower prices have started to feel FOMO—fear of missing out on the chance to buy.
$BNB
