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DefiLlama data shows Binance net outflows of $4.91bn in 24 hours

NewsFeeds update

DefiLlama data shows Binance saw about $4.91bn in net outflows over 24 hours and $13.7bn over seven days, with assets near $128bn. Its BTC wallet fell by about 20,300 coins in a day to about 647,800 coins.

BitcoinPANewsAIBearish

Read the original on PANews

The story so far: Large BTC transfers from Binance

Whale Alert has reported several large BTC transfers from Binance to unknown wallets, which He Yi said were moves to a new Binance wallet. Onchain Lens tracked 21,750 BTC worth about $1.69bn moving between Binance cold and hot wallets. Whale Alert now reports 3,000 BTC, worth about $233m, moved from Binance…

  1. Whale Alert says 5,000 BTC moved from Binance to an unknown wallet

    Whale Alert reported that 5,000 BTC, worth about $399m, was transferred from Binance to an unknown wallet.

    BitcoinCoinNessAINeutral

  2. He Yi says address that received 2,000 BTC is a new Binance wallet

    Binance co-founder He Yi said the receiving address in a 2,000 BTC transfer flagged by Whale Alert is a new Binance wallet, and the new withdrawal address is included in proof of reserves. Whale Alert had reported the roughly $156m transfer from Binance to an unknown wallet.

    BitcoinChainCatcherAINeutral

  3. Whale Alert says 3,000 BTC moved from Binance to unknown wallet

    Whale Alert reported that 3,000 BTC, worth about $234m, was transferred from Binance to an unknown wallet.

    BitcoinCoinNessAINeutral

  4. Yi He says most large transfers moved from Binance cold wallets to new hot wallet

    Binance co-founder Yi He said most large transfers went from Binance cold wallets to the exchange's new hot wallet, replying to an X user who asked which whales were behind transfers worth hundreds of millions of dollars.

    BitcoinChainCatcherAINeutral

  5. Yi He says new Binance hot wallet addresses may be counted as outflows

    Binance co-founder Yi He said a Grok Bot estimate that Binance net outflows were within about $2bn appeared to count some of the exchange's new hot wallet addresses as outflows, and suggested cross-checking with multiple tools.

    BitcoinChainCatcherAINeutral

  6. Binance moves 21,750 Bitcoin worth $1.69bn between cold and hot wallets

    Onchain Lens tracked a transfer of 21,750 Bitcoin, worth about $1.69bn, between Binance's cold and hot wallets, from cold address 3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6. The move may be preparation to top up funds for users.

    BitcoinOdailyAINeutral

  7. Binance sees $5.82bn net outflow in past 24 hours, DefiLlama data shows

    DefiLlama data shows Binance recorded a net outflow of $5.82bn over the past 24 hours, while OKX drew a net inflow of about $411m. Robinhood and Bybit saw net inflows of roughly $222m and $158m respectively.

    AltcoinsOdailyAIBearish

  8. DefiLlama data shows Binance net outflows of $4.91bn in 24 hours

    DefiLlama data shows Binance saw about $4.91bn in net outflows over 24 hours and $13.7bn over seven days, with assets near $128bn. Its BTC wallet fell by about 20,300 coins in a day to about 647,800 coins.

    BitcoinPANewsAIBearish

  9. Whale Alert says 3,000 BTC moved from Binance to unknown wallet

    Whale Alert reported that 3,000 BTC, worth about $233m, was transferred from Binance to an unknown wallet.

    BitcoinCoinNessAINeutral

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