USDT outflow from Binance hits October hourly high of $49.96M
- —Hourly USDT outflow from Binance reached $49.96M, an October high
- —Previous record of $46.72M was set on Oct. 16
- —46 of 50 tracked assets fell, only three gained
- —EOS rose 8.13%, while VET and DOT each lost about 8%
Why it matters: A record hourly stablecoin withdrawal from the largest exchange may signal rising caution and liquidity leaving the market.
Source: The Cryptonomist (IT)