Bitcoin leaves Binance at fastest daily pace in three years
- —Daily net outflow from Binance topped 13,800 BTC, the largest since 2023
- —Exchange reserves dropped from about 705,000 to 685,000 BTC in four days
- —Seven-day average netflow fell to roughly negative 2,000 BTC
- —BTC traded near $84,300, up about 45% from July levels
Why it matters: Fewer coins on exchanges mechanically reduces available selling pressure, though netflow data cannot show holders' intent.
Source: crypto.news