Binance Bitcoin Outflows Hit 13,800 BTC in 3-Year Record as FOMO Returns

1 week ago 3

Rommie Analytics

Key Takeaways:

  • More than 13,800 BTC was out, a record amount of money in a single day for Binance since 2023.
  • Binance’s Bitcoin reserves fell by roughly 20,000 BTC in four days, from 705,000 BTC to 685,000 BTC.
  • According to CryptoQuant analyst Darkfrost, the aggressive withdrawals were a result of renewed accumulation and perhaps FOMO among investors returning to Bitcoin.