In a significant trend, Binance has experienced a substantial Bitcoin outflow, with 5,566.93 BTC leaving the platform over the past week, according to BlockBeats and Coinglass data released on September 28. This recent outflow adds to the 30-day total, which now stands at 12,908.86 BTC.
This trend raises questions about market sentiment and potential shifts in Bitcoin holdings. Are traders moving their assets elsewhere, or is this a strategic withdrawal? As the crypto landscape evolves, all eyes will be on Binance’s Bitcoin flows!