Back to all news
Bitcoin

Binance BTC outflows hit highest since mid-2023 as whales deposit stablecoins

Cointelegraph·October 6, 2026·1 min read
Binance BTC outflows hit highest since mid-2023 as whales deposit stablecoins

Binance BTC reserves fell by nearly 40,000 coins since Sept. 20, the largest outflow since mid-2023. Whales returned stablecoin capital to their exchange wallets, signaling potential buying pressure. The outflow reduces available supply on the exchange, which could impact BTC price dynamics if demand remains steady.

Read at Cointelegraph
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store