
Binance BTC reserves fall to 689,000 coins as accumulation returns
- —Binance BTC reserves fell from ~705,000 to ~689,000 coins in a week
- —Withdrawals were the largest since 2023, peaking on Sept. 22
- —25,000 wallets holding less than 1 BTC were created in one day
- —Addresses holding 100–1,000 BTC rose 4.62% year-to-date
Why it matters: Falling exchange reserves and rising wallet counts point to self-custody, shrinking the BTC supply readily available for sale.
Source: DiarioBitcoin