🚨 BINANCE $BTC Reserve Collapsing — 40,000 BTC Just Left
Binance $BTC reserves have fallen by nearly 40,000 BTC since Sept. 20, with 23,137 BTC leaving in the fourth week of September - the largest weekly outflow since June 2023.
At the same time, whale stablecoin inflows to Binance increased 40%, from $21.7B to $30.5B. $BTC supply is leaving while potential buying liquidity is entering.
That makes this bullish overall, but I want spot demand to confirm it before calling for a breakout.
Binance $BTC reserves have fallen by nearly 40,000 BTC since Sept. 20, with 23,137 BTC leaving in the fourth week of September - the largest weekly outflow since June 2023.
At the same time, whale stablecoin inflows to Binance increased 40%, from $21.7B to $30.5B. $BTC supply is leaving while potential buying liquidity is entering.
That makes this bullish overall, but I want spot demand to confirm it before calling for a breakout.
