*Outflow of 46M$ USDT from Binance: should you be worried?*
Data for September 30: Binance recorded a net outflow of 46M USDT over 60 minutes, according to Pluang.
Beginner interpretation:
This is not a bank run. It’s a classic liquidity rebalancing at the end of the month. Whales move their stablecoins to other platforms or to a cold wallet before the monthly close.
Market context:
- BTC at ∼83 250$ (+0.27% 24h)
- BTC is trying to close September up +7.33%, which would be its best September in history
- ETH is back above $2,700
- Spot BTC ETFs: 8 consecutive days of positive inflows
My take on the situation: liquidity hasn’t left the market—it has simply moved. The trend remains bullish in the short term, with strong interest in the $90k Calls.
Are you tracking these liquidity movements, or are you only watching the price?
#Binance #BTC☀ #Onchain #CryptoNews
Data for September 30: Binance recorded a net outflow of 46M USDT over 60 minutes, according to Pluang.
Beginner interpretation:
This is not a bank run. It’s a classic liquidity rebalancing at the end of the month. Whales move their stablecoins to other platforms or to a cold wallet before the monthly close.
Market context:
- BTC at ∼83 250$ (+0.27% 24h)
- BTC is trying to close September up +7.33%, which would be its best September in history
- ETH is back above $2,700
- Spot BTC ETFs: 8 consecutive days of positive inflows
My take on the situation: liquidity hasn’t left the market—it has simply moved. The trend remains bullish in the short term, with strong interest in the $90k Calls.
Are you tracking these liquidity movements, or are you only watching the price?
#Binance #BTC☀ #Onchain #CryptoNews
