S&P 5007,773.95▲0.7% Nasdaq27,477.31▲1.1% Dow51,267.90▲0.2% Russell 2K2,847.14▲0.5% 10-Yr5.31%+3bp VIX15.52+0.21 WTI$89.70▼1.6% Gold$4,150.40▼0.3% EUR/USD1.122▼0.3% BTC$86,174▲0.5% Nikkei70,082▲0.2%
At close · Tue, Oct 6, 2026
Daily Market Updates.

Crypto

Home›Crypto›Market Structure›Binance BTC outflows surge to highest level since mid-…

Binance BTC outflows surge to highest level since mid-2023

Binance’s net BTC outflow totaled 23,137 BTC over the seven days through Sept. 27, the largest weekly drop since June 2023.

Reported · Written up by our desk · Market Structure

Cointelegraph reports that Binance BTC reserves fell by nearly 40,000 coins since Sept. 20, with the move reaching the highest outflow level since mid-2023 as whales returned stablecoin capital to exchange wallets.

According to on-chain analytics platform CryptoQuant, Binance recorded a net outflow of 23,137 BTC over the seven days through Sept. 27, marking its largest outflow on a weekly basis since June 2023, when the BTC balance dropped by 44,942 coins in a single week.

Cointelegraph also notes that conditions were less extreme last month, with outflows about half that amount, but similar dynamics have been driving withdrawal activity.

Latest closeBitcoin $86,173.72 ▲0.5%

← Newer storyChubb names new leaders for international commercial, cyber and clima…

More like this

CryptoSpiko raises $90 million for tokenized cash fund expansion
CryptoBitcoin risks sliding toward $80,000 if it breaks $84,000
CryptoCardano advances CIP-113, enabling issuer-controlled token transfers
CryptoZachXBT says he provided $349,700 to infiltrate alleged launderers
CryptoChinese AI rivals attract capital ahead of planned IPOs

Sources

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

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.